Strong expectations to keep interest rate unchanged during CBE’s MPC on Thursday, despite inflation hikes
Raising interest rates will not curb inflation caused by flotation and shortage,…
Analysts expect EGX to move sideways awaiting CBE’s decision on interest
Bourse awaits Banque du Caire placement, following approval to list its EGP…
Only 14 banks among 39 operating in Egypt participated in mortgage-financing initiative launched by CBE to finance low- to middle-income housing
These banks provided EGP 5bn to finance the purchase of 62,000 housing…
Export Development Bank to increase small and midsize enterprises portfolio to EGP 5bn in 2019
The mortgage portfolio of the bank amounts to EGP 10m, and we…
Dollar falls to its lowest level in two months, settles below EGP 18
Banks see clients disposing USD, further decline in the pipeline, says chairperson…
Usage of cards abroad dropped by 55% following flotation: CBE
Egyptians usage of cards abroad dropped by a value of $223m in…
Net foreign purchases of T-bills jump to $1.15bn in January
Foreign investments in debt instruments is one of the most important sources…
$4.5bn net inflows received by CBE in January 2017: official
Difficult reforms have been taken already, no intention to raise field prices…
CBE launches initiative to renovate floating hotels and tourism fleets with EGP 5bn, 10% interest
The Central Bank of Egypt (CBE) launched an initiative to subsidise the…
Banks operating in Egypt record EGP 56bn net profits in 2016: CBE
The Egyptian banking sector is powerful and capable of overcoming the effects…