7 banks raise interest rates on deposits after Central Bank decision
A recent CBE decision saw an increase in the benchmark overnight deposit…
National Bank of Egypt, Banque du Caire, and Banque Misr increase returns on savings certificates
A number of government banks raise returns on savings certificates to attract…
Returns on treasury bills rise, negative impact on economic growth expected
Prices jumped 1% for returns on treasury bills in the hours after…
Interest rate hike to threaten government debt inflation if financial reform fails: DCode Chairman
Central Bank of Egypt increased interest rates by 1% to contain high…
Economists forecast inflation jump in July following fuel price hikes
CBE can control inflation rates through increasing interest rates orVice Chairman of…
‘Long Live Egypt Fund’ receives over EGP 400m in donations
Latest donation was from a Saudi businessman who contributed EGP 214m to…
Suspension of Gulf aid behind $600m drop in foreign reserves in June: Experts
Foreign reserves register the lowest level since the ouster of former president…
Central Bank of Egypt establishes ‘Long Live Egypt Fund’ to support economy
Fund will use account number 037037 in reference to the date of…
Egypt to offer $600m in dollar-denominated treasury bills
Eligible subscribers from local and foreign banks will access t-bill, CBE says
Restored confidence in Egypt’s economy to improve currency exchange rate: CBE
Deputy Governor of Central Bank says stimulating national economy, working on bank…