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" Egypt Central Bank"
443 results
Business - Economy
9/16/2021 8:29:22 PM
Business - Economy
6/29/2021 4:40:52 PM
New data published by the CBE on Tuesday showed that foreign investments in Egypt’s T-bills has seen a gradual increase since January, when they recorded EGP 298 billion
Business - Economy
6/17/2021 7:43:19 PM
Business - Economy
6/16/2021 1:19:18 PM
Over four consecutive meetings, the MPC decided to maintain the key interest rates at 8.25 percent, 9.25 percent, and 8.75 percent for the overnight deposit rate, overnight lending rate, and the rate of the main operation
Business - Economy
6/8/2021 1:42:00 PM
The CBE said that the action came in the implementation of Egypt’s national council of payments’ strategy under the chairmanship of President Abdel-Fattah El-Sisi
Business - Economy
5/19/2021 2:33:38 PM
Concerning the EGP 3 billion tourism support initiative, which the finance ministry launched in May 2020, the CBE extended the validity of the initiative to the end of December 2021
Business - Economy
5/17/2021 3:20:08 PM
Despite the CBE's total assets growing by the end of April, gold and cash assets dropped compared to December's data
Business - Economy
4/28/2021 5:23:07 PM
The MPC said that its decision is consistent with achieving the inflation target of 7 percent (±2 percentage points) on average in the fourth quarter of 2022 and price stability over the medium term.
Business - Economy
4/27/2021 12:42:00 PM
In the last two meetings, the CBE’s overnight deposit rate, overnight lending rate, and the rate of the main operation remained unchanged at 8.25 percent, 9.25 percent, and 8.75 percent, respectively
Business - Economy
4/22/2021 9:42:20 PM
The regulation also states that the bank issuing electronic units must have deposits in Egyptian pounds that are no less in value than the electronic units
Business - Economy
4/22/2021 12:49:36 PM
The CBE said that the action is in line with the National Payments Council’s strategy that aims to attain digital transformation and financial inclusion
Business - Economy
3/24/2021 12:28:24 PM
The CBE decision comes under President Sisi's directives to reinforce the financial inclusion policy and pay attention to all classes in society
Business - Economy
3/22/2021 3:54:39 PM
The maturity date for the five-year term T-bonds is 12 January 2026, while the maturity date of the 10-year term T-bonds will be 12 January 2031
Business - Economy
3/18/2021 9:14:00 PM
Business - Economy
3/18/2021 11:03:00 AM
The current overnight deposit rate, the overnight lending rate, and the rate of the main operation are at 8.25 percent, 9.25 percent, and 8.75 percent, respectively
Business - Economy
2/24/2021 12:56:21 PM
The allocations will benefit more than 120 MSMEs and accelerate economic growth
Business - Economy
2/4/2021 11:00:25 PM
Domestic and global economic activity and the developments in macroeconomic signs drove the CBE to keep the current interest rates unchanged
Business - Economy
2/3/2021 2:11:31 PM
In 2020, the CBE slashed key interest rates by a total of 4 percent to stand at at 8.25 percent, 9.25 percent, and 8.75 percent for overnight deposit rate, overnight lending rate, and the rate of the main operation respectively
Business - Economy
2/1/2021 2:13:37 PM
The CBE attributed the 'temporary increase' to the drop in services surplus by 78.3 percent to register $876.3 million, down from $4 billion
Egypt -
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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