Tag: Central Bank of Egypt

How Egyptians coped with soaring prices???

Egypt, a country with a population of 90m, where more than 28%…

Mohamed Samir Mohamed Samir

Egypt Auto sales decline by 39% YTD 2017 compared to 2016

1.5-1.6 L engine cars registered at 52% of the total passenger cars…

Mohamed Samir Mohamed Samir

Foreign exchange reserves up by $392m at end of September

Volume of foreign currency liquidity up by $365m, gold up by $30m:…

Hossam Mounir Hossam Mounir

Banks in Egypt issue 2 million credit cards during H1 2017: CBE

The number of debit cards jumped to 17,562 million cards in June…

Hossam Mounir Hossam Mounir

Banks’ profits in Egypt worth EGP 47.381bn by end of H2 2017: CBE

The five largest banks account for 69.52% of total profits, the top…

Hossam Mounir Hossam Mounir

Banks’ capital increases by EGP 128.42bn at end of June 2017: CBE

The return on average assets of banks operating in the Egyptian market…

Hossam Mounir Hossam Mounir

PM announces reshuffle of state-owned bank leaders within hours

Amr Kamel, Maged Fahmy nominated to chair Egyptian Arab Land Bank and…

Mohamed Ayyad Mohamed Ayyad

Balance of Payments marks surplus of $13.7bn in FY 2016/2017: CBE

Exports revenues amount to $21.7bn, imports register $57.1bn, tourism profits at $4.4bn,…

Hossam Mounir Hossam Mounir

CBE clears multibillion-dollar backlog of FX requests: official

Figures add evidence to Egypt’s external finances improving

Daily News Egypt Daily News Egypt

Egypt foreign exchange reserves increase by $107m in August 

Foreign exchange reserves increased to $36.14bn at the end of August compared…

Mohamed Ayyad Mohamed Ayyad