Tag: Central Bank of Egypt

International bonds push Egypt’s foreign reserves to $42.524bn at end-February

Egypt recorded the highest foreign reserves in its history at $42.524bn at…

Hossam Mounir Hossam Mounir

CBE expected to cut interest rates further by end-2019: report

Inflation is likely fall to rates rarely seen over the past decade

Daily News Egypt Daily News Egypt

Trade volume between Egypt, world reached $20.621bn in 3 months: CBE

Imports worth $14.781bn, exports at $5.839bn from July to September 2017

Hossam Mounir Hossam Mounir

Limited response from banks to CBE’s move to lower interest rates

ALCOs of banks operating in Egypt will hold intensive meetings Monday to…

Hossam Mounir Hossam Mounir

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

The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) decided to…

Mohamed Samir Mohamed Samir

Services sector 2nd largest beneficiary of bank loans: CBE

Private sector received 61.8% of banks’ total credit facilities by end-October 2017

Hossam Mounir Hossam Mounir

Loans up by EGP 10bn, deposits increase by EGP 42bn in October 2017: CBE

Total financial position of banks in Egypt scores EGP 4.795tn

Hossam Mounir Hossam Mounir

Will CBE cut interest rates on Thursday?

Amer hinted at imminent cuts, but linked them to curbing inflation first

Hossam Mounir Hossam Mounir

Global stock markets crisis will not affect Egypt’s bonds issuance: CBE

An official source at the Central Bank of Egypt (CBE) said that…

Mohamed Samir Mohamed Samir

CBE governor reveals secret of FX reserves hike in January 2018

CBE, banks proceeds amount to $5.6bn in January, Paris Club premiums down…

Hossam Mounir Hossam Mounir