Government plans to borrow EGP 1.983trn from local market in Q1 2025
The Egyptian government is set to borrow EGP 1.983trn from the local…
Egypt’s annual urban inflation increases to 26.2% in August
Egypt's Central Agency for Public Mobilization and Statistics (CAPMAS) said on Tuesday…
CBE directs increasing banks’ contributions in Decent Life initiative
Banks inject EGP 826m in finance to 17,000 small, micro enterprises within…
Banks in Egypt show strong recovery indicators from COVID-19 repercussions in 2021
Net profits of banks increase to EGP 107.132bn in December, compared to…
CBE receives 33 bids worth $1.037bn for T-bills issuance denominated in US currency
The Central Bank of Egypt (CBE) received 33 bids from local and…
Egypt launches foreign exchange trading with instant settlement system on 22 March
New system shortens time frame to execute payments in foreign currencies between…
Egypt’s foreign debt rises to $125.3bn in September 2020: CBE
Net foreign assets increase by EGP 125.9bn within four months
Banks to inject EGP 117bn into MSMEs until 2022 end: CBE
Banks in Egypt required to increase financing to MSMEs to 25% of…
EGP 481bn increase in financial position of banks in Egypt during Q3 2020
CBE indicated that the capital of the 10 largest banks operating in…
90% of Egypt’s foreign debts are long-term: CBE
At 33.5% of GDP, debt levels are within safe limits compared to…