Tag: Central Bank of Egypt

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 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 Alyaa Stohy

HC expects CBE to preserve current rates at upcoming meeting

Doss added, “Less working hours have also disrupted production activity possibly leading…

Daily News Egypt Daily News Egypt

Egypt’s annual core inflation on hold at 1.9% in March: CBE

The CBE added that its consumer price index (CPI) inched up to…

Daily News Egypt Daily News Egypt

Egypt’s payments balance reaches $410m surplus in H1, FY2019/20

Net FDI rose $773.8m to record net inflow of $5bn by H1…

Daily News Egypt Daily News Egypt

Over 5 million beneficiaries for loan installments postponement: CBE

Banks reveal initiative details initiative, microloans in trouble

Daily News Egypt Daily News Egypt

Banks implement CBE’s initiative delaying loan instalments for individuals, companies

CBE included microfinance sector in the initiative on Monday

Hossam Mounir Hossam Mounir

EGP 9.9bn worth of debt waived under initiative to settle individual debts less than EGP 1m

940,000 thousand customers are covered by the initiative, their total debts amount…

Daily News Egypt Daily News Egypt

CBE takes measures against Coronavirus, repercussions on economy

MSMEs loan installments postponed for six months without fines

Hossam Mounir Hossam Mounir

Creating job opportunities essential job of central banks: CBE Deputy Governor

CBE supports economy with many initiatives in face of crises such as…

Hossam Mounir Hossam Mounir