Tag: Central Bank of Egypt

CBE’s automobile committee resumes work soon

Hussein Mostafa, the executive director of the Egyptian Automobile Manufacturers Association (EAMA)…

Daily News Egypt Daily News Egypt

Banknote issuance to GDP increases to 13.42% in May: CBE

CBE printed new banknotes worth EGP 15.774bn this month

Hossam Mounir Hossam Mounir

EGP 55bn increase in bank deposits, EGP 39bn increase in loan portfolio in May 2017: CBE

Foreign investments in T-bills hike to EGP 176,000bn at the end of…

Hossam Mounir Hossam Mounir

Can CBE reduce inflation to 10%-16% by the end of 2018?

The key objective of monetary policy in the next phase is to…

Hossam Mounir Hossam Mounir

Exchange rate to remain stable at EGP18/USD this year and next: FocusEconomics

Inflation to remain elevated for some time to come, says FocusEconomics

Shaimaa Al-Aees Shaimaa Al-Aees

Tarek Amer named Central Bank Governor of the Year by IMF’s, World Bank’s GlobalMarkets

The selection was based on Amer’s role in reforming Egypt’s currency exchange…

Mohamed Samir Mohamed Samir

Local, international institutions offer investing €734.9m in Egyptian T-bills

International banks have requested the renewal of a $2bn loan to Egypt…

Hossam Mounir Hossam Mounir

Egypt’s world-traded goods worth $59.035bn in 9 months: CBE

Imports amount to $43.04bn, exports register $15.99bn from July 2016 to March…

Hossam Mounir Hossam Mounir

Banks’ capital increases by EGP 13.74bn in April: CBE

The increase came as a result of using a part of the…

Hossam Mounir Hossam Mounir

Industry accounts for 35.9% of total credit facilities granted by banks until end of April: CBE

The services sector came in second place, followed by the commercial sector,…

Hossam Mounir Hossam Mounir