Tag: Central Bank of Egypt

CBE denies any amendments to maximum foreign currency amount allowed to exit Egypt

The recent regulations did not include the foreign exchange, the CBE said…

Hossam Mounir Hossam Mounir

Industrial sector accounts for 32.6% of credit facilities in April: CBE

The industrial sector accounted for 32.6% of the total credit facilities granted…

Hossam Mounir Hossam Mounir

EGP devaluation: did the market misunderstand Amer or was confusion intended?

Amer had ruled out devaluation of the Egyptian pound before exchange reserves…

Hossam Mounir Hossam Mounir

EGX expected to range from 7,550 to 7,600 points during Sunday trading

Technical analysts predicted that the Egyptian Exchange (EGX) will continue its sideways…

Mohamed Ahmed Mohamed Ahmed

CBE considers 4 scenarios for future of the Egyptian pound against the dollar

The CBE is awaiting the entrance of US dollar flows estimated at…

Hossam Mounir Hossam Mounir

Bank loans to customers increase by EGP 13.2bn in April: CBE

Private sector received 74.8% of total loans

Hossam Mounir Hossam Mounir

The government asks for money, simply because it can: economics professor

Poor financial planning, using loans in the wrong projects are the largest…

Hisham Salah Hisham Salah

Egypt external debt rises despite risks: experts

The domestic public debt also increased to EGP 2.496tn as of the…

Daily News Egypt Daily News Egypt

Experts forecast further devaluation of Egyptian pound: CFA Society Egypt

On 3 July, governor of the CBE Tarek Amer alluded to a…

Shaimaa Al-Aees Shaimaa Al-Aees

SME financing ramps up in Egypt

Small and medium-sized enterprises (SMEs) have aided Egypt’s economic recovery, but there…

Nicholas Mehling Nicholas Mehling