CBE: balance of payment deficit reaches $518.7 million
Egypt’s financial and capital accounts saw a decrease in their net flow…
Core inflation rate jumps to 4.64 per cent
The core CPI comprises 55 items divided into 4 categories: food, retail,…
CBE exempts four banks from applying Basel 2 Standards
Banque Misr and the Principal Bank for Development and Agricultural Credit ,…
The banking sector and global financial stability: challenges and prospects
“Eurozone crisis aggravated by common monetary policy in Europe"
Foreign reserves’ movement defies all expectations
By Mohamed Salah Against all expectations, the Central Bank of Egypt announced…
Ministry of Finance issues EGP 18.5bn ingovernment securities
Egyptian government resorting domestic borrowing, as a part of its two-sided strategy
Egypt banks under fire for alleged funds smuggling
By Nasser Youssef and Mahmoud Sheneshan An investigative report conducted by the…
Qatar National Bank in talks to acquire majority stake in NSGB
By Sarah Daoud Société Générale is in talks with Qatar National Bank…
Central Bank: annual inflation rate dropped by 6.34 percent during last month
The Central Bank of Egypt (CBE) announced that the primary annual inflation…
AIB recognised by Central Bank, after years of alleged corruption
Long under scrutiny for allegedly taking part in illegal money transfers, Arab…