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…
US investment fund to buy United Bank of Egypt in 3 months, CBE to maintain stake: Amer
The United Bank of Egypt will be sold to a major US…
US dollar at lowest level since March 2017
US dollar loses 2 more piasters on Sunday to take losses to…
Is Egypt ready for Electronic Payments Law as it comes into force?
All bodies subject to this law shall comply with its provisions within…
CBE extends its initiative to support defaulters at ABE until June
Troubled debts up to EGP 4bn to be settled over nine months,…
CBE to renew up middle housing projects initiative in July: REDC
Banking sector representatives express their appetite on financing real estate
Capital flows will be linked to three factors: CBE
January 2019 saw return of capital to EM since exodus in February…
Egypt, IMF discuss future cooperation after loan ends: Amer
Tourism revenues estimated at $10-12bn this year, targeted to reach $20bn annually
Egypt’s foreign exchange inflows hit $150bn since November 2016
Washington, DC- Foreign exchange flows received by the Central Bank of Egypt…
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…