Central Bank of Egypt initiates EGP 100bn mortgage finance initiative for low, middle incomers
Initiative offers unprecedented facilities, 3% diminishing interest, and longest repayment period up…
Central Bank of Egypt regulates commercial registration, documentation at banks
Step comes in light of strengthening cooperation between banking sector, ITDA, Notary…
Central Bank of Egypt extends precautionary measures against COVID-19 to 2021 end
This will see the precautions in place until 31 December 2021, rather…
Central Bank of Egypt receives 24 bids worth $540.6m for T-bills in US dollars
Proceeds of this tender will be used to pay for previous tender…
Central Bank of Egypt renews warnings against cryptocurrency
Bank calls upon dealers in Egyptian market to be very careful, not…
Central Bank of Egypt directs for simplified bank account opening procedures
Facilities will be provided for small companies to open accounts
Central Bank of Egypt expected to maintain base interest rates next Thursday
Main factor affecting direction of interest rates on Egyptian pound is inflation…
Egypt’s net international reserves increase to $40.2bn in February: CBE
FX reserves increase by about $363m to $35.905bn in February
CBE amends provisions of tourism initiative guaranteed by Finance Ministry
New amendment stipulates that initiative would end after exhausting amount allocated or…
CBE reveals commodity prices’ movements in January 2021
Vegetable prices fell by 23.6% for second consecutive month