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"Egypt Central Bank"

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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

Business - 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

Business - 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

Business - 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

Business - 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

Business - 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

Business - 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

Business - 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

Business - 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

Opinion -
11/12/2020 6:09:00 PM

Business - 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

Business - 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

Business - 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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