Banks’ credit facilities reach EGP 1.84trn November 2019
Private business sector accounted for 59.2% of the total facilities, and the…
CBE supports tourism with three initiatives
Tourism is a major and important pillar for the national economy: CBE
CBE reveals Monetary Policy Committee formation led by Tarek Amer
Committee membership includes Negm, Aboul Naga, Omran, El Araby, and El Ahwany
CBE receives 38 bids to invest $966.9m in T-Bill auction
Growing value of gold reserves pushes FX reserves to its highest level…
10 main tasks before CBE’s new board
New board includes financial, legal, technological and economic expertise alongside the governor,…
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…
CBE increases value of its tourism support initiative to EGP 50bn
Bank to exempt pre-2011 defaulters in tourism sector from marginal interests on…
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…
Egypt’s FX reserves increase by $319m in November
Gold reserves decline, SDR countered FX hike, curbing net foreign reserves increase…
Egypt’s government, CBE prepare to launch manufacturing support initiative
The initiative is expected to be announced next Wednesday