Tag: Central Bank of Egypt

Faisal Islamic Bank to participate in CBE housing initiative

Bank chairman meets prime minister to discuss industrial, urban and economic development…

Doaa Farid Doaa Farid

Inflation rate eases to 10.2% in February: CAPMAS

Monthly inflation fell to 1% in February

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Egyptian banks to bid 8,000 housing units: Minister of Housing

Mostafa Madbouly coordinates with Egyptian banks to enact the central banks initiative…

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The United Bank participates in CBE’s mortgage funding initiative

The United Bank has joined the Central Bank of Egypt in a…

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Central Bank of Egypt earmarks $1.44bn for low-cost housing

Reuters - Egypt’s central bank said on Tuesday it would allocate EGP…

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Foreign reserves up for the first time since August

Net international foreign reserves register $17.105bn in January

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CBE offers up $1.5bn to banks in exceptional auction

Auction aims to support banks and their role in domestic economy, central…

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CBE leaves key overnight rates on hold

Reuters - Egypt's central bank kept its official interest rates on hold as expected…

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Foreign reserves drop to $17bn

International foreign reserves fall for the fourth consecutive month

Sara Aggour Sara Aggour

Finance minister discusses current economic situation and challenges for next government

Galal discloses that the CBE has held onto a $9bn deposit since…

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