Creating job opportunities essential job of central banks: CBE Deputy Governor
CBE supports economy with many initiatives in face of crises such as…
Total financial position of banks in Egypt increases to EGP 5.856trn at 2019 end: CBE
Bank deposits increase to EGP 4.2359trn, household sector denominated 81.3%
Local, international investors offer to invest $1.054bn in Egyptian T-Bills
The CBE rejected other offers from investors who requested an interest of…
Egypt’s awaited banking law to revolutionise sector: Khodeir Partners co-founder
Khodeir’s comments came during a roundtable discussion held to tackle the banking…
Household sector’s trend towards deposits of three-year term or more ongoing since 2018
Weighted return on new deposits declines in September 2019 to 11.5%, 16%…
Egypt’s net foreign reserves increase to $45.456bn January-end: CBE
The January's figure is the highest in the history of Egypt and it covers…
Egypt’s external debt up 17.3% YoY to $108.7bn in FY19
External debt-to-GDP ratio 36% in Egypt, 48.5% in Latin America, 47.5% in…
Economy Plus poll forecasts currency appreciation, lower interest rates, price cuts across consumer goods
Appreciation of currency, lower interest rates, price cuts across consumer goods, and…
CBE offers $800m bill tender on Monday
The proceeds of the tender goes to repay a previous tender offered…
Egypt’s tourism revenues jumped by 6.7% in Q32019 YoY: CBE
To return to 2010 Egypt's tourism revenue rates, country must diversify tourism…
