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"Egypt Central Bank"

490 results

Business - Economy
9/24/2020 10:49:20 PM

Business - 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

Business - 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

Business - Economy
9/16/2020 1:34:19 PM
The CBE will keep issuing free-of-charge electronic portfolios and prepaid cards for individuals while cancelling fees and commissions on money transactions via mobile phone accounts

Business - Economy
8/26/2020 2:37:19 PM
The yields will be used to bridge the gap in the state budget deficit

Business - Economy
8/24/2020 2:55:00 PM
On Sunday, the CBE offered T-bills in Egyptian pounds, on behalf of the finance ministry, worth EGP 20.5 billion over two terms to provide finances for the same purpose

Business - Economy
8/23/2020 1:20:52 PM
The state’s budget deficit was widened under the pressure of the COVID-19 crisis to 6.5 percent of GDP in FY2019/2020 up from 6.2 percent in FY2018/2019

Business - Economy
8/13/2020 8:40:00 PM
Rates were last cut in March, in the wake of the coronavirus crisis

Business - Economy
8/12/2020 10:02:52 PM
To contain the COVID-19 repercussions on the Egyptian economy, the CBE adopted a package of procedures that included slashing key interest rates in March by three percent

Business - Economy
8/6/2020 7:36:39 PM

Business - Economy
6/30/2020 5:34:56 PM

Business - Economy
6/28/2020 3:21:18 PM

Business - Economy
6/25/2020 6:55:00 PM
The CBE reported the lowest core inflation ever, coupled, nonetheless, with a contraction in GDP and higher unemployment rates

Business - Economy
6/25/2020 12:28:42 PM
Head of research at EFG Hermes Ahmed Shams El-Din told Ahram Online that the CBE is anticipated to maintain the current rates as the headline inflation rate is in the range the CBE has set at nine percent

Business - Economy
6/21/2020 10:36:54 PM

Business - Economy
6/19/2020 3:00:10 PM
The central bank has also approved a EGP 3 billion credit guarantee that will back loans to the tourism sector

Business - Economy
6/15/2020 1:28:15 PM

Egypt - Politics
6/10/2020 7:05:20 PM

Business - Economy
6/9/2020 3:16:35 PM
Since March, Egypt has seen a decline in its NIRs amid the COVID-19 crisis and its implications, which have forced foreign investors to sell their T-bills and bonds

Business - Economy
5/19/2020 2:36:00 PM

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