Tag: CBE

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

Capital flows will be linked to three factors: CBE

January 2019 saw return of capital to EM since exodus in February…

Hossam Mounir Hossam Mounir

Egypt, IMF discuss future cooperation after loan ends: Amer

Tourism revenues estimated at $10-12bn this year, targeted to reach $20bn annually

Shaimaa Al-Aees Shaimaa Al-Aees

Egypt’s foreign exchange inflows hit $150bn since November 2016

Washington, DC- Foreign exchange flows received by the Central Bank of Egypt…

Shaimaa Al-Aees Shaimaa Al-Aees

Egypt’s core inflation softened to 8.9%, CPI annual inflation records 13.8% in March

The Central Bank of Egypt (CBE) said that Egypt’s annual core inflation…

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