Tag: CBE

CBE issues standard criteria for accepting electronic payment using QR Code

Standard criteria is a new step towards digital economy and contributing to…

Hossam Mounir Hossam Mounir

Egyptian remittances score $10.4bn from July-November 2017: CBE

Egyptians' remittances recorded about $2.2bn in November 2017, compared to $2.1bn in…

Hossam Mounir Hossam Mounir

CBE opens account to collect change from checks, remittances, directs them to development projects

CBE called on banks to transfer change to main account at end…

Hossam Mounir Hossam Mounir

CBE warns against dealing in Bitcoin

Cryptocurrencies lack guarantee and official government support as opposed to official currencies:…

Hossam Mounir Hossam Mounir

CBE offers treasury bills worth $7850m

Tender proceeds to cover previous tender on 10 January 2017 worth $888.8m

Hossam Mounir Hossam Mounir

Egypt’s easing cycle to be larger than most expect: Capital Economics

Interest rate to be cut to 13.25% by end-2018 and 11.25% by…

Elsayed Solyman Elsayed Solyman

FX reserves end 2017 at record high of $37.02bn

Forex reserves increased by $333m, despite payment of $3.2bn to Afreximbank, says…

Hossam Mounir Hossam Mounir

CBE extends tourism support initiative to December 2018

The Central Bank of Egypt (CBE) decided to extend its tourism support…

Mohamed Samir Mohamed Samir

Egypt shares seen moving sideways as CBE keeps interest rates on hold

EGX30 rises 2.35% in a week, hovers around all-time high

Elsayed Solyman Elsayed Solyman

Strong expectations to fix pound’s interest rate at Thursday CBE meeting

MPC to hold 8 meetings in 2018 to look into destiny of…

Hossam Mounir Hossam Mounir