Tag: Central Bank of Egypt

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%

Hossam Mounir Hossam Mounir

Local, international investors offer to invest $1.054bn in Egyptian T-Bills

The CBE rejected other offers from investors who requested an interest of…

Hossam Mounir Hossam Mounir

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…

Hossam Mounir Hossam Mounir

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%…

Hossam Mounir Hossam Mounir

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…

Hossam Mounir Hossam Mounir

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…

Hossam Mounir Hossam Mounir

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…

Daily News Egypt Daily News Egypt

CBE offers $800m bill tender on Monday

The proceeds of the tender goes to repay a previous tender offered…

Hossam Mounir Hossam Mounir

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…

Nehal Samir Nehal Samir

US dollar continues to trade below EGP 16

Why the US dollar broke the EGP16 barrier and where to next?

Hossam Mounir Hossam Mounir