Tag: Central Bank of Egypt

Central Bank of Egypt targets average inflation rate at 7% (±2%) in Q4 of 2022

Central bank to continue using monetary policy tools to control inflation expectations,…

Hossam Mounir

Egypt’s central bank leaves interest rates on hold

Central Bank of Egypt new inflation target has been set at 7%…

Daily News Egypt

Egyptian banking sector achieves EGP 45.549bn net profits in September

Top 10 banks in the Egyptian banking sector account for 65.5% of…

Hossam Mounir

Central Bank of Egypt to hold 8 monetary policy meetings in 2021

CBE to discuss future interest rates of Egyptian pound next Thursday

Hossam Mounir

Central Bank of Egypt allocates EGP 1bn to deploy 300k POS nationwide

We aim to reach 1 million POS within three years: CBE Deputy…

Hossam Mounir

Central Bank of Egypt extends tourism, retail loan initiatives to 2021 end

Tourism businesses welcome CBE decision, call for more flexibility in private sector…

Hossam Mounir

Central Bank of Egypt to offer $1bn worth T-bills on Monday

The proceeds of this bid will be used to pay the value…

Hossam Mounir

Agricultural Bank of Egypt targets 30-million customer base over 5 years

Financing programme for needy families, rural women, and craftsmen to be launched…

Hossam Mounir

Egypt’s account deficit declines 39.2% in Q1 of 2020

The improvement comes despite the uncertainty in the global economy which has…

Daily News Egypt

CBE allowed to practice central depository, registration of government securities

New law opens door for privatisation of central depository and registration process

Alyaa Stohy