The Egyptian government and International Monetary Fund (IMF) staff held fruitful discussions in preparation for the first review mission of Egypt’s reform program under the support of IMF’s Extended Fund …
Central Bank of Egypt
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The Monetary Policy Committee (MPC) in its meeting on Thursday 30/3/2023 decided to raise the Central Bank of Egypt’s (CBE) overnight deposit rate, overnight lending rate, and the rate of …
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The payment cards issued by banks operating in the Egyptian market, including instant payment cards, prepaid cards, and credit cards increased to 57.475 million in 2022, according to the Central …
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Egypt’s non-oil business sectors were responsible for the lion’s share of net foreign direct investment (FDI) inflows during the first quarter (1Q) of the current FY2022/2023 (July-September 2022), the Central …
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The Central Bank of the UAE (CBUAE) and the Egyptian Banking Institute (EBI), under the Central Bank of Egypt, examined ways to enhance cooperation through training and building human capital …
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Central Bank of Egypt to issue $850m US dollar-denominated T-bills today According to Daily News, The Central Bank of Egypt (CBE) will issue today US dollar-denominated treasury bills (T-bills), …
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According to Egypt Today, the Central Bank of Egypt (CBE) announced yesterday cancelling the letter of credit (LC) system as a requirement for imports. The CBE said in a statement …
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The Cabinet’s media center has denied reports circulated by some social media websites alleging that the Central Bank of Egypt (CBE) has issued instructions to halt providing the necessary financing …
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The Central Bank of Egypt (CBE) has asked banks to contact customers, via any means of communication, to warn them against the misuse of credit and debit cards. The warning …
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According to Amwal Al Ghad, Egypt’s central bank has on Thursday decided to hike interest rates by 3 percent to contain inflationary pressures which is consistent with achieving price stability …
