Tag: Central Bank of Egypt

Egypt, IMF discuss future cooperation after loan ends: Amer

Tourism revenues estimated at $10-12bn this year, targeted to reach $20bn annually

Shaimaa Al-Aees Shaimaa Al-Aees

Egypt’s foreign exchange inflows hit $150bn since November 2016

Washington, DC- Foreign exchange flows received by the Central Bank of Egypt…

Shaimaa Al-Aees Shaimaa Al-Aees

Egypt’s core inflation softened to 8.9%, CPI annual inflation records 13.8% in March

The Central Bank of Egypt (CBE) said that Egypt’s annual core inflation…

Daily News Egypt Daily News Egypt

Egypt’s tourism revenues hike by 38.7% during H1 of current FY: CBE

Experts contend entry of new source markets, state's political, security stability behind…

Nehal Samir Nehal Samir

Fixing 95 octane’s price supports chance for 1% interest cut during CBE’s meeting in May ‘19: Beltone

Decision confirms our vision to contain inflationary pressures in H1 of 2019

Hossam Mounir Hossam Mounir

Banks operating in Egypt are strong, safe: CBE

NPLs down to 3.9% of total loans by end-2018

Hossam Mounir Hossam Mounir

Banks supported their capital by EGP 9.69bn in 2018: CBE

Value of financial position of Egyptian banking sector’s units increases by EGP…

Daily News Egypt Daily News Egypt

Banks’ net profits increase to EGP 70.2bn by end-2018

Ten biggest banks account for 63.9% of sector’s total profits, while 5…

Hossam Mounir Hossam Mounir

Egyptian market expects another interest rate cut on Thursday

Several factors favour cut, others weigh on fixing, final decision is in…

Hossam Mounir Hossam Mounir

EGP 735.59bn bank investments in T-bills by end-December 2018: CBE

Banks supported their securities portfolio with EGP 202.23bn in 2018

Hossam Mounir Hossam Mounir