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Business
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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
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Business
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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
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Business
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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
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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
1/4/2021 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
12/28/2020 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
12/23/2020 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
12/7/2020 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
12/2/2020 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
11/12/2020 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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Opinion
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11/12/2020 6:09:00 PM
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Business
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Economy
11/11/2020 12:23:47 PM
Key interest rate cuts would aim to stimulate private investment and consumption in addition to driving GDP growth amid a likely second wave of the Covid-19 pandemic
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Business
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Economy
10/22/2020 9:29:00 PM
The Central Bank of Egypt said their investigation found negative practices in the CIB which can be described as financial crimes
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Business
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Economy
10/5/2020 2:51:44 PM
The new procedures facilitate opening accounts, deposits, and purchasing certificates using only national IDs
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Business
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Economy
9/25/2020 5:10:30 PM
The new cuts are the first since the slashing of interest rates by 3% (300 pbs) in March amid the COVID-19 crisis
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Business
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Economy
9/24/2020 10:49:20 PM
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Business
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Economy
9/23/2020 3:16:52 PM
The CBE Committee is expected to hold its 8th periodic meeting on Thursday to review key interest rates
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Business
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Economy
9/21/2020 12:55:13 PM
The CBE offered T-bills in an auction on Sunday with the aim of attracting EGP 19 billion, with interest rates ranging between 12.9 percent and 13.6 percent
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