Tag: Central Bank of Egypt

Market welcomes CBE’s decision to end foreign investors funds repatriation mechanism

Decision planned since flotation in November 2016, we aim to direct investment…

Hossam Mounir

Egypt shares to move sideways as CBE leaves interest rates on hold

EGX30 closed almost flat last week as foreign investors book gains awaiting…

Daily News Egypt

CBE reviews interest rates on Thursday

MPC cut interest rates twice this year, kept them unchanged during 4…

Hossam Mounir

Highest level of FX reserves in history reached by end of October

CBE: $86m increase in value of gold, foreign currencies balance down by…

Hossam Mounir

Banks injected EGP 110bn to finance SMEs within CBE’s initiative: CBE Deputy Governor 

CBE secures EGP 2bn as CGC guarantee, encourages banks to finance agriculture…

Hossam Mounir

Egypt shares to sustain gains as Central Bank leaves interest rates unchanged

EGX 30 rallies 3.8% or 548.9 points, closes at the level of…

Daily News Egypt

CBE establishes financial inclusion information database

We aim to boost banking services’ beneficiaries, avoid duplication, says CBE

Hossam Mounir

Banknote issue up to 11.41% of GDP in June: CBE

CBE issued EGP 486.726bn in June 2018, up from EGP 474.941bn in…

Hossam Mounir

Credit facilities granted by banks in FY 2017/2018 score EGP 203.2bn

Private sector acquired 62% of facilities, industries at forefront, CBE stated

Hossam Mounir

FX Reserves up to $44.419bn end of August: CBE

Foreign currencies up by $167m, gold down by $23m

Hossam Mounir