Tag: Central Bank of Egypt

CBE: balance of payment deficit reaches $518.7 million

Egypt’s financial and capital accounts saw a decrease in their net flow…

Liliana Mihaila Liliana Mihaila

Core inflation rate jumps to 4.64 per cent

The core CPI comprises 55 items divided into 4 categories: food, retail,…

Liliana Mihaila Liliana Mihaila

CBE exempts four banks from applying Basel 2 Standards

Banque Misr and the Principal Bank for Development and Agricultural Credit ,…

Liliana Mihaila Liliana Mihaila

The banking sector and global financial stability: challenges and prospects

“Eurozone crisis aggravated by common monetary policy in Europe"

Mohamed Salah Mohamed Salah

Foreign reserves’ movement defies all expectations

By Mohamed Salah Against all expectations, the Central Bank of Egypt announced…

Daily News Egypt Daily News Egypt

Ministry of Finance issues EGP 18.5bn ingovernment securities

Egyptian government resorting domestic borrowing, as a part of its two-sided strategy

Islam Serour Islam Serour

Egypt banks under fire for alleged funds smuggling

By Nasser Youssef and Mahmoud Sheneshan An investigative report conducted by the…

Daily News Egypt Daily News Egypt

Qatar National Bank in talks to acquire majority stake in NSGB

By Sarah Daoud Société Générale is in talks with Qatar National Bank…

Daily News Egypt Daily News Egypt

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…

Daily News Egypt Daily News Egypt

AIB recognised by Central Bank, after years of alleged corruption

Long under scrutiny for allegedly taking part in illegal money transfers, Arab…

Ahmed Khalifa Ahmed Khalifa