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"CBE"

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Business - Economy
1/11/2022 7:10:01 PM
Banks operating in the Egyptian markets have the highest rates of liquidity in the region a bank official said on Tuesday, only 24 hours after the Central Bank of Egypt approved granting emergency liquidity for local banks.

Business - Economy
1/10/2022 10:31:00 PM
The Central Bank of Egypt (CBE) said on Monday it has approved conditions that would allow it to grant emergency liquidity to local banks.

Business - Economy
1/6/2022 12:13:39 PM
Egypt’s external debt declined slightly in September — the end of the first quarter (1Q) of the current FY2021/2022 — to record $137.4 billion, down from the $137.8 billion posted by the end of June — the end of FY2020/2021— according to recent data published by the Central bank of Egypt (CBE).

Business - Economy
1/5/2022 4:31:07 PM
Egypt’s net international reserves (NIRs) rose slightly in December to reach $40.93 billion, up from the $40.90 billion recorded in November, the Central Bank of Egypt (CBE) announced on Wednesday.

Business - Tech
1/5/2022 4:00:44 PM
The Central Bank of Egypt (CBE), in collaboration with the National Telecom Regulatory Authority (NTRA), launched on Wednesday an online portal for managing mobile phone wallet accounts.

Business - Economy
12/31/2021 7:14:00 PM
The year 2021 was a challenging one for the Egyptian economy, as it saw the intersection of two fiscal years (FY2020/21 and FY2021/22) that were heavily impacted by the economic repercussions of the COVID-19 pandemic.

Business - Economy
12/23/2021 11:04:13 PM
The Central Bank of Egypt (CBE) announced the extension until the end of June 2022 of its facilities adopted to mitigate the severe repercussions of COVID-19.

Business - Economy
12/21/2021 4:57:09 PM
Egyptian expats’ remittances inched up during the first quarter (1Q) of the current FY2021/2022 — July to September 2021 — by 1.5 percent, on an annual basis, to post $8.1 billion, up from about the $8 billion recorded in the same quarter of FY2020/2021, the Central Bank of Egypt announced on Tuesday.

Business - Economy
12/20/2021 3:14:27 PM
Egypt’s latest treasury bills’ (T-bills) auction managed to bring in more than EGP 45 billion through 438 bids, according to the Central Bank of Egypt (CBE).

Business - Economy
12/16/2021 9:52:48 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) on Thursday kept the overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 8.25 percent, 9.25 percent and 8.75 percent, respectively.

Business - Economy
12/16/2021 2:10:41 PM
President Abdel-Fattah El-Sisi issued on Thursday resolution no.584 for 2021 to form a council that will coordinate efforts between the Central Bank of Egypt (CBE) and the government in terms of monetary and financial policies, according to the Official Gazette.

Business - Economy
12/15/2021 1:15:47 PM
Foreign investments in Egypt’s local-currency debt instruments market have rebounded after experiencing a drop amid the pandemic, helping the country to finance its larger current account deficit resulting from continued strong domestic demand and a decline in tourism revenue, which has also begun to recover, Fitch Ratings said in a new report.

Business - Economy
12/14/2021 7:02:46 PM
The Central Bank of Egypt (CBE) has approved an incentive package to support small and medium-sized enterprises (SMEs) against the economic impacts of the COVID-19 pandemic, the CBE announced on Tuesday.

Business - Economy
12/7/2021 3:26:33 PM
Egypt’s net international reserves (NIRs) rose by the end of November to $40.9 billion, up from $40.8 billion in October, the Central Bank of Egypt (CBE) announced on Tuesday.

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

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