CBE to finalise study for establishment of exports guarantee firm in Q1 2019
Bank considers granting licenses to international banks, fully coordinates with government to…
Gold value listed in FX reserves growth curbs reserves decline in December 2018
FX reserves gold value increased by $104m, foreign currencies down by $2.068bn
Egypt’s economic outlook remains positive, backed by tourism, natural gas: Credit Suisse
Weak FDI, reliance on hot money, inflation still challenging
International, local financial institutions offer to invest $934.1m in Egyptian T-bills
Interest rate accepted by CBE grew to maximum of 3.8%, minimum of…
Egypt’s foreign reserves down to 42.551bn in December: CBE
Egypt’s foreign currency reserves fell to $42.551bn in December, down from a…
Foreign assets deficit continues to widen in banks
Exit of foreign capital from emerging economies trailed in October at slower…
Credit facilities granted by banks to their clients increased by EGP 25.3bn in October
Private business sector covered for 61% of total credit facilities, industries among…
Government-owned, private banks reduce investments in T-bills by EGP 31.2bn in November 2018: CBE
Foreign banks working in Egypt take different stance, increase investments by EGP…
CBE’s sets inflation target at 9% on average during Q4 of 2020
Core inflation slipped to 7.9% in November from 8.9% in October 2018,…
CBE to review interest rates on Thursday as 2018 meetings conclude
Strong hopes rates to remain stable for 6th consecutive time; 16.75% for…