Central Bank of Egypt

Egypt’s 3-yr and 7-yr treasury bond yields rise at Monday’s auction
Business

Egypt’s 3-yr and 7-yr treasury bond yields rise at Monday’s auction

Yields on Egypt's 3-year and 7-year bonds rose at an auction on Monday while the yield on its 1.5-year zero…
Egyptian pound steady at forex sale, strengthened on black market
Business

Egyptian pound steady at forex sale, strengthened on black market

Egypt's central bank kept the pound steady against the dollar at its official foreign currency auction on Sunday but the…
Meat producers plea for release of imports stranded at seaports
Business

Meat producers plea for release of imports stranded at seaports

Four meat importing companies have sent a memo to Agriculture Minister Essam Fayed urging him to facilitate the release of…
CBE stresses support for SMEs
Business

CBE stresses support for SMEs

The Central Bank of Egypt (CBE) says it is paying big attention to small and medium-sized enterprises (SME)s. A CBE statement…
Egypt core inflation rises to 6.26% y/y in October: central bank
Business

Egypt core inflation rises to 6.26% y/y in October: central bank

Egypt's annual core inflation rate rose to 6.26 percent in October from 5.55 percent in September, the central bank said…
Egypt central bank seen keeping key rates on hold: poll
Business

Egypt central bank seen keeping key rates on hold: poll

Egypt's central bank is expected to hold interest rates on Thursday as it balances the need to control inflation with…
Brotherhood businessman not interrogated over currency black market: prosecution
Egypt

Brotherhood businessman not interrogated over currency black market: prosecution

A Muslim Brotherhood business mogul is being interrogated over his affiliation with the outlawed group and the financing of its…
Egypt seeks finance packages at US$6 bn
Business

Egypt seeks finance packages at US$6 bn

Egypt’s government said negotiations have intensified over the past few days to obtain US$6 million in financing packages to offset…
Govt still in limbo over foreign reserves
Business

Govt still in limbo over foreign reserves

The government is still in a state of confusion as a foreign currency crisis bites harder, with the Central Bank…
Gov: CBE sole entity authorized to set Egypt’s monetary, currency policies
Egypt

Gov: CBE sole entity authorized to set Egypt’s monetary, currency policies

The Cabinet asserted Tuesday night that the Central Bank of Egypt (CBE) was the only entity responsible for laying down…
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