Tag: The Central Bank of Egypt

CBE has no intention of allowing cryptocurrency in Egypt: official

Bitcoin plans to launch in Egypt by late August, awaits needed legislation…

Reem Hosam El-din Reem Hosam El-din

Limited changes in boards of government banks before end of September 2017

Two leaders expected to be sacked, 4 likely to stay, ambiguity surrounds…

Hossam Mounir Hossam Mounir

Did CBE miscalculate including part of hot money within foreign exchange reserves?

A debate among analysts about the CBE's inclusion of foreign investment in…

Hossam Mounir Hossam Mounir

Banknote issuance to GDP increases to 12.68% in February: CBE

CBE issued banknotes of EGP 411.559bn in February, compared to EGP 405.416bn…

Hossam Mounir Hossam Mounir

CBE completes new Banking Law draft, sends it to FEB for review

Foreign exchange shortage is over as Egypt collected $45bn since flotation, says…

Hossam Mounir Hossam Mounir

CBE launches initiative to finance microenterprises at end of May

About 37,000 small and medium-sized companies received loans worth EGP 101bn between…

Hossam Mounir Hossam Mounir

CBE resolves issue of temporary facilities obtained in foreign currency: Negm

Companies that owe more than $5m to banks will pay a 3.62%…

Hossam Mounir Hossam Mounir

Egypt’s MPC maintains policy rates as forecasted by CI Captial

The Central Bank of Egypt (CBE) decided to keep its overnight deposit…

Daily News Egypt Daily News Egypt

The Pound losing ground despite rising stock prices

In November, the Egyptian administration floated the Egyptian pound to secure a…

Daily News Egypt Daily News Egypt

CBE allocates EGP 10bn to finance SMEs in several sectors

Financing priority given to companies working in the exporting sector and producers…

Hossam Mounir Hossam Mounir