Tag: CBE

Egypt’s financial inclusion rate climbs to 71.5%: CBE

The Central Bank of Egypt (CBE) has announced a significant increase in…

Daily News Egypt Daily News Egypt

Egypt’s external debt declines to $160.6bn in Q1 2024

Egypt's external debt registered $160.6bn at the end of March 2024, a…

Hossam Mounir Hossam Mounir

CBE hosts training programme on big data, AI for COMESA central banks

The Central Bank of Egypt (CBE) is hosting a training programme on…

Daily News Egypt Daily News Egypt

Favourable base effects, declining food prices drive down Egypt’s inflation: CBE

Egypt's annual urban headline inflation rate declined for the fifth consecutive month…

Hossam Mounir Hossam Mounir

Egyptian banking sector reports surplus in net foreign assets of EGP 626.6bn in June 2024

The Central Bank of Egypt (CBE) has announced that the net foreign…

Hossam Mounir Hossam Mounir

CBE, Baheya launch breast cancer initiative for banking women

Your Health is a Commitment" initiative includes early detection of breast cancer,…

Daily News Egypt Daily News Egypt

CBE withdraws EGP 947.1bn from banks in open market operations at 27.75% interest rate

The Central Bank of Egypt (CBE) withdrew EGP 947.1bn from 32 banks…

Hossam Mounir Hossam Mounir

Inflation dynamics normalizing to pre-March 2022 patterns: CBE

Inflation is projected to stabilise around current levels in 2024, with significant…

Daily News Egypt Daily News Egypt

Opinion| Egypt’s banking revolution: CBE approves launch of first digital bank

Historic achievement that signifies major step forward in country's digital transformation within…

Mohamed Abdel Aal Mohamed Abdel Aal

Investment banks predict CBE to maintain unchanged rates for second consecutive meeting

Analysts anticipate unchanged rates amidst decreasing inflation

Hossam Mounir Hossam Mounir