Tag: CBE

Egypt’s external debt rises to $96.6bn by end of December: CBE

Egypt's external debt rose to $96.6bn by the end of December 2018,…

Hossam Mounir Hossam Mounir

Twenty-nine foreign, domestic investors offer to invest $1.25bn in Egyptian T-Bills

CBE accepts 23 offers worth $1bn with 3.85-3.9% interest

Hossam Mounir Hossam Mounir

CBE considers amending primary dealers system to encourage secondary debt market

Proposals include activating bonds market maker, allocating share of dealers to secondary…

Alyaa Stohy Alyaa Stohy

World Bank’s cooperation with CBE to issue fintech sandbox is conditional: Mohieldin

Municipalities in Egypt should have clear detailed budgets first to be qualified…

Alyaa Stohy Alyaa Stohy

Foreign currency deposits up $1.3bn in 1Q 2019 to $42.81bn

Local currency deposits up by EGP 88.1bn to EGP 2.531tn at end…

Hossam Mounir Hossam Mounir

US dollar at lowest level since March 2017

US dollar loses 2 more piasters on Sunday to take losses to…

Hossam Mounir Hossam Mounir

Is Egypt ready for Electronic Payments Law as it comes into force?

All bodies subject to this law shall comply with its provisions within…

Hossam Mounir Hossam Mounir

CBE extends its initiative to support defaulters at ABE until June

Troubled debts up to EGP 4bn to be settled over nine months,…

Hossam Mounir Hossam Mounir

CBE to renew up middle housing projects initiative in July: REDC

Banking sector representatives express their appetite on financing real estate 

Hagar Omran Hagar Omran