Latest in Tag: Central Bank of Egypt Highlight

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Latest in Tag: Central Bank of Egypt


CBE lowers interest rates 1% for the first time since floatation

The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) decided to lower the overnight deposit rate, the overnight lending rate, and the rate of the Central Bank of Egypt’s (CBE) main operation by 100 basis points to 17.75%, 18.75%, and 18.25% respectively. The discount rate was also reduced by 100 basis points to 18.25%. …

Mohamed Samir

Registration for 1st phase of “women leading the future” programme opens

The Central Bank of Egypt, the National Council for Women (NCW), and the 50th Forum announced the opening of registration for the first phase of the “women leading the future” programme, which is the first of its kind in a partnership between the government and the private sector. This came during a general meeting, which …

Nihal Samir

CBE pays $600m to Afreximbank

Governor of the Central Bank of Egypt (CBE) Tarek Amer said that the CBE paid $600m to the African Export-Import Bank (Afreximbank). This increases the total amount repaid by the CBE to Afreximbank to $2.6bn, according to the Middle East News Agency. Amer said that the last installment due to Afreximbank worth $600m will be …

Daily News Egypt