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Business
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Economy
1/17/2021 1:34:19 PM
The deal completion awaits CBE, FRA and Central Bank of Lebanon's approvals
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Business
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Economy
1/11/2021 3:12:40 PM
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Egypt
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1/10/2021 6:01:43 PM
Issuance coincides with the inauguration of new printing house in New Administrative Capital this June
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Business
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Economy
1/6/2021 3:29:49 PM
The stability of the financial system helped the Egyptian economy withstand the repercussions of the pandemic
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Business
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Economy
1/6/2021 3:28:07 PM
The move is part of the strategy of the National Payments Council to support the payment system
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Business
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Economy
1/5/2021 9:41:33 PM
In September 2019, Egypt’s NIRs recorded an all-time high of $45.1 bln, before witnessing a significant drop in March 2020 driven by COVID-19
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Business
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Economy
1/4/2021 1:44:57 PM
Presidential orders were given to alleviate the woes of the hard-hit tourism sector, the CBE said
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Business
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Economy
12/29/2020 5:11:36 PM
Egypt’s government offered international bonds worth $5 million in May 2020
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Business
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Economy
12/28/2020 10:19:35 PM
The bank had renewed the measures in September, and they were expected to be lifted by the end of 2020
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Business
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Economy
12/24/2020 9:15:03 PM
CBE announces it has reset next inflation target to be at 7 percent during the fourth quarter of 2022 down from 9 percent to support macroeconomic stability
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Business
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Economy
12/24/2020 2:09:26 PM
Some 100,000 Egyptians in Luxor, Aswan, Qena, Sohag, and Assiut are expected to benefit from the project
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Business
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Economy
12/23/2020 12:58:32 PM
Expectations on the Monetary Policy Committee’s decision have been divided between introducing new cuts and keeping current interest rates unchanged
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Business
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Economy
12/10/2020 5:03:36 PM
CAPMAS attributed the increase in inflation rates to the rise in the prices of foodstuffs and bavereges in November by 3.2 percent
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Business
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Economy
12/7/2020 6:59:00 PM
From January to September 2020, remittances jumped to $22.1 billion, up from $19.8 billion in the same period of 2019
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Business
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Economy
12/7/2020 6:04:37 PM
The grace period of loans of tourism sector workers have been extended to the end of 2021
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Business
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Economy
12/6/2020 4:47:14 PM
The World Bank expects Egypt to become the top recipient of remittances in the Middle East and North Africa region in 2020 to receive $24.4 billion
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Business
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Economy
12/2/2020 12:26:15 PM
Positive news on coronavirus vaccines and the fading of uncertainty regarding the US elections helped global markets performance in late November
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Business
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Economy
12/1/2020 1:37:10 PM
The report revealed that the current account deficit incresaed to $11.2 billion from $10.9 billion in F 2018/19
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Business
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Economy
11/17/2020 12:13:12 PM
This action comes despite the challenges of the COVID-19 pandemic and the increasing risk that the global economy is facing, according to the bank
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Business
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Economy
11/12/2020 8:01:29 PM
CBE said that the increase in annual headline inflation continues to be mainly led by higher annual contribution of food items as well as regulated items due to the negative annual food inflation
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