Tag: central bank

Gold prices dip 1% globally over week: iSagha

Gold prices saw a slight uptick in local markets on Saturday, following…

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Egypt attends 2nd BRICS Finance Ministers and Central Bank Governors Meeting

As part of Egypt's commitment to strengthening cooperation with global economic blocs,…

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CBE’s net foreign assets record $10.3bn surplus in August

The Central Bank of Egypt's net foreign assets (NFA) achieved a surplus…

Hossam Mounir Hossam Mounir

President extends term of Central Bank of Egypt Governor for another year

President Abdel Fattah Al-Sisi has extended the term of Hassan Abdalla as…

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Central Bank expounds Egypt’s external debt in December 2022

External debt registers $162.9bn in December 2022, up by about $7.2bn, compared…

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Egypt’s Central Bank to decide on EGP’s interest in the last MPC meeting of 2022

The basic interest rate has been raised by 5% in 2022

Hossam Mounir Hossam Mounir

Pundits expect Central Bank to keep interest rate unchanged in 6th monetary policy meeting for 2021

MPC decided, on 5 August, to maintain basic interest rates with CBE,…

Hossam Mounir Hossam Mounir

Hazem Hegazy named CEO of Al Baraka Bank Egypt subject to Central Bank approval

Hegazy has more than 30 years of experience in banking sector, especially…

Hossam Mounir Hossam Mounir

Egypt’s Central Bank issues guiding principles for sustainable financing

Principles are important step in supporting Egypt’s development efforts, plans to achieve…

Hossam Mounir Hossam Mounir

Egypt’s Central Bank, Communications Ministry partner to facilitate government e-payments

The Central Bank of Egypt (CBE) has signed a cooperation protocol with…

Hossam El-Din Talaat Hossam El-Din Talaat