Tag: The Central Bank of Egypt

Remittances up to $2.3bn in October: CBE

Remittances increased to $9bn in July-October 2019

Daily News Egypt

Capital flows return to emerging markets in September after August exit: CBE

Direction of capital movement remains dependent on future outlook of economic activity…

Hossam Mounir

Banks’ credit facilities reach EGP 1.84trn November 2019

Private business sector accounted for 59.2% of the total facilities, and the…

Hossam Mounir

CBE supports tourism with three initiatives

Tourism is a major and important pillar for the national economy: CBE

Hossam Mounir

CBE reveals Monetary Policy Committee formation led by Tarek Amer

Committee membership includes Negm, Aboul Naga, Omran, El Araby, and El Ahwany

Daily News Egypt

CBE receives 38 bids to invest $966.9m in T-Bill auction

Growing value of gold reserves pushes FX reserves to its highest level…

Hossam Mounir

10 main tasks before CBE’s new board

New board includes financial, legal, technological and economic expertise alongside the governor,…

Hossam Mounir

CBE raises limits on consumer loan instalments to 50% of borrower’s total monthly income

The CBE decided to keep the maximum for personal housing loans at…

Hossam Mounir

CBE increases value of its tourism support initiative to EGP 50bn

Bank to exempt pre-2011 defaulters in tourism sector from marginal interests on…

Nehal Samir

Amer starts second term in CBE by launching three initiatives to support industry, medium income housing

Directives from president to allocate EGP 100m for industry sector, EGP 50bn…

Hossam Mounir