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"CBE"

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Al-Ahram Weekly - Egypt
6/7/2022 8:27:14 PM
More efforts are being made to break down barriers faced by female entrepreneurs in Egypt, but funding remains a matter of concern,.

Business - Economy
6/6/2022 5:59:00 PM
Egypt’s net international reserves (NIRs) dropped in May to $35.5 billion, down from $37 billion posted in April, the Central Bank of Egypt (CBE) announced on Monday.

Business - Economy
5/26/2022 1:20:14 PM
​The Governor of the Central Bank of Egypt Tarek Amer is set to chair the World Bank Group (WBG) and the International Monetary Fund's (IMF) annual meetings, which are scheduled to be held in October, the World Bank announced on Thursday.

Business - Economy
5/19/2022 10:42:00 PM
The Central Bank of Egypt (CBE) raised on Thursday key interest rates by two percent (200 basis points) as the government attempts to deal with the negative economic repercussions of the Russian-Ukrainian war and curb inflationary pressures.

Business - Economy
5/18/2022 12:11:05 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is set to convene on Thursday to review the key interest rates for the third time in 2022 and for the second time since the breakout of the Russian-Ukrainian conflict.

Al-Ahram Weekly - Economy
5/18/2022 11:28:00 AM
Not all importers will be obliged to sign letters of credit as a result of a new presidential decree.

Business - Economy
5/17/2022 1:00:52 PM
Remittances of Egyptian expats rose by 12.8 percent in March to reach $3.3 billion, up from then $2.9 billion recorded in the corresponding month of 2021, according to the Central Bank of Egypt (CBE).

Business - Economy
5/15/2022 2:04:17 PM
The Central Bank of Egypt (CBE), in collaboration with the Ministry of Finance, has replaced 4.1 out of 4.3 million payroll slips for state-employees with Meeza cards, the bank announced on Sunday.

Business - Markets & Companies
5/12/2022 2:31:19 PM
Over the past five years, Egypt has witnessed a boom in the fintech sector, with venture capital investments rising to $159 million with 32 deals concluded in 2021, up from only $1 million raised in 2017 from three fintech deals, according to the Central Bank of Egypt’s (CBE) recent fintech report.

Al-Ahram Weekly - Economy
5/10/2022 10:26:34 PM
Individuals and governments are turning to gold as a safe haven in the face of fluctuating currencies during times of crisis, reports Ahmed Abdel-Hafez

Business - Economy
5/8/2022 10:08:44 PM
After a nine-day holiday due to Eid El-Fitr and Labour Day celebrations, Egypt’s banking sector resumed work on Sunday amid calm as the Egyptian pound remained stable despite the US Federal Reserves' recent decision to raise interest rates.

Business - Economy
5/8/2022 8:47:32 PM
Egypt’s net international reserves (NIRs) rose slightly in April to $37.1 billion, up from $37 billion posted in March, the Central Bank of Egypt (CBE) announced on Sunday.

Business - Economy
5/6/2022 9:43:42 PM
With the US Federal Reserve (Fed) deciding to increase its interest rate by a rare half-percentage-point — the largest increase in two decades — in an effort to reduce burgeoning inflation that is running at a four-decade high, major economic impacts are looming for countries worldwide, especially emerging markets like Egypt.

Business - Markets & Companies
4/28/2022 5:54:42 PM
State-owned Bank Misr has carried out an ownership transfer transaction for fellow state-owned Banque du Caire in a deal valued at EGP 6.9 billion, the Egyptian Stock Exchange (EGX) announced on Thursday.

Business - Economy
4/28/2022 4:40:00 PM
The Central Bank of Egypt (CBE) offered on Thursday one-year maturity US dollar-dominated treasury bills (T-bills) worth $1 billion.

Business - Economy
4/26/2022 1:46:43 PM
The financial inclusion rate in Egypt grew by 115 percent over the past six years, the Central Bank of Egypt (CBE) announced on Tuesday.

Business - Economy
4/7/2022 4:59:21 PM
Egypt’s net international reserves (NIRs) fell to about $37 billion by end of March, down from $40.9 billion in February, the Central Bank of Egypt (CBE) announced on Thursday.

Business - Economy
4/6/2022 1:09:34 PM
The Central Bank of Egypt (CBE) included doctors, physiotherapists, and dentists who are authorised by the Medical Syndicates Union to the list of beneficiaries for its initiative for financing small enterprises and establishments, the bank announced on Tuesday.

Business - Economy
3/31/2022 12:28:02 PM
Central Bank of Egypt (CBE) has signed an agreement with the Arab Monetary Fund (AMF) to register with the AMF’s Buna platform that governs intra-payment settlements and set-offs in the Arab region, CBE announced on Thursday.

Egypt - Foreign Affairs
3/30/2022 2:36:36 PM
Saudi Arabia deposited $5 billion in the Central Bank of Egypt (CBE) on Wednesday, according to Saudi state news agency SPA.

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