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" CBE"

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Business - Economy
11/17/2021 2:48:33 PM
The Central Bank of Egypt (CBE) decided that two seats in each of Egypt's bank boards will be reserved for women, CBE Governor Tarek Amer told MENA, the state-owned news agency, on Wednesday.

Business - Economy
11/16/2021 2:27:00 PM
Egypt’s recent US dollar-dominated treasury bills (T-bills) have managed to attract over $1.6 billion, according to the Central Bank of Egypt (CBE).

Business - Economy
11/15/2021 5:25:22 PM
The Central Bank of Egypt (CBE) approved on Sunday new amendments to the rules on the formation of banks’ board of directors.

Business - Tech
11/8/2021 1:03:07 PM
The Central Bank of Egypt (CBE) approved the regulations that govern the instant payment network (IPN) services in the domestic market, the bank announced on Sunday.

Business - Economy
11/3/2021 6:37:56 PM
Egypt’s net foreign reserves increased slightly by $29 million in October, reaching $40.84 billion, up from $40.82 billion recorded in August, the Central Bank of Egypt (CBE) announced on Wednesday.

Business - Economy
10/28/2021 10:18:13 PM

Business - Economy
10/27/2021 9:22:16 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) will convene on Thursday to review the key interest rates in light of the recent local and global macroeconomic updates, particularly recent rises in inflation.

Business - Economy
10/4/2021 7:43:52 PM
Egypt’s Net International Reserves (NIRs) rose slightly in September to $40.8 billion, up from the $40.6 billion recorded in August, the Central Bank of Egypt (CBE) announced on Monday.

Business - Economy
9/30/2021 4:10:34 PM
The Central Bank of Egypt (CBE) instructed banks on Thursday to create and provide banking products dedicated to individuals with special needs in line with the bank's strategy of financial inclusion that aims to provide the banking services for all classes of society.

Business - Markets & Companies
9/27/2021 10:32:40 PM
The National Bank of Egypt (NBE), Banque Misr and Banque du Caire aim to launch a trust in October to support fintech start-ups with an overall capital worth EGP 100 billion, the Central Bank of Egypt (CBE) announced on Monday.

Business - Tech
9/26/2021 6:23:39 PM
The Central Bank of Egypt (CBE) announced on Sunday that it has approved the issuance of licenses for smartphone contactless payments.

Business - Economy
9/15/2021 3:24:22 PM
The MPC makes its decision according to the performance of the macroeconomic indices in the domestic market and globally, particularly the inflation readings

Business - Economy
9/15/2021 3:09:10 PM
Moreover, expats remittances rose by an annual rate of 15.5 percent in June to reach $2.9 billion, up from $2.6 billion posted in June 2020, according to the central bank

Business - Economy
9/5/2021 6:42:08 PM

Business - Economy
8/30/2021 2:00:08 PM
The general government remains the main obligor of all debts, accounting for around 59.7 percent of Egypt’s external debt, as it rose by $11.1 billion at the end of March 2021 compared to June 2020, reaching $80.5 billion

Business - Economy
8/17/2021 2:14:50 PM
CBE estimations exceed the expectations included in Egypt's economic and social development plan for FY2021/22, which expected them to reach $30 billion by the end of the year

Business - Economy
8/10/2021 9:15:45 PM
Egypt’s annual inflation rate surged to 6.1 percent in July, up from the 4.6 percent recorded in the same month of 2020 and the 4.9 percent recorded in June 2021

Business - Economy
8/8/2021 1:45:58 PM
Egyptian banks and the stock exchange are to resume their work as of Sunday 15 August

Business - Economy
8/5/2021 8:10:15 PM
The MPC based its decision on the readings of June’s inflation, as annual headline urban inflation marginally increased to 4.9 percent in June 2021 from 4.8 percent in May 2021

Business - Economy
8/4/2021 8:54:00 PM
In June, the International Monetary Fund (IMF) approved the final review for Egypt’s stand-by arrangement (SBA) programme, through which Egypt secured a loan of $5.4 billion to enhance its second wave of economic reforms

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