Tag: CBE

CBE mandates simplified forms for banking expenses, commissions in customer contracts

The Central Bank of Egypt (CBE) has issued a directive mandating banks…

Daily News Egypt

CBE extends inflation target horizon to Q4 2026 at 7% (± 2%), Q4 2028 at 5% (± 2%)

The Central Bank of Egypt (CBE) has decided to extend its inflation…

Hossam Mounir

CBE expected to keep interest rates unchanged for sixth consecutive meeting

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…

Hossam Mounir

CBE hosts seminar on supervisory frameworks, risk management with 110 participants from African central banks

In line with Egypt’s ongoing commitment to supporting African nations, particularly in…

Daily News Egypt

Egypt, IMF reach staff level agreement for $1.2bn

Egypt's Prime Minister Mostafa Madbouly chaired the weekly government meeting on Wednesday…

Daily News Egypt

Banks in Egypt report EGP 426.911bn in net profits for 9M 2024

The Central Bank of Egypt (CBE) has announced that banks operating in…

Hossam Mounir

Egypt’s remittances hit $23.7bn in 10M 2024, marking 45.3% growth

The Central Bank of Egypt (CBE) reported that remittances from Egyptians working…

Daily News Egypt

CBE launches financial literacy campaign in partnership with EU, GIZ, and EBI

In a significant move to boost financial literacy and empower citizens, the…

Daily News Egypt

CBE’s Governor participates in AMF meeting on financial stability

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), participated in…

Daily News Egypt

Egypt supports youth in establishing SMEs through CBE, national bank initiatives

Alaa Farouk, Minister of Agriculture and Land Reclamation, announced that the Ministry…

Daily News Egypt