Central Bank of Egypt (CBE)
Egypt and China sign 1st phase of debt-for-development swap program
Business
July 12, 2025
Egypt and China sign 1st phase of debt-for-development swap program
Minister of Planning, Economic Development and International Cooperation, Rania al-Mashat, and the Chairman of the China International Development Cooperation Agency…
Egypt paid US$ 13.3 billion in interest and installments in 3 months: CBE
Business
June 11, 2025
Egypt paid US$ 13.3 billion in interest and installments in 3 months: CBE
The Central Bank of Egypt (CBE) announced that Egypt has paid approximately US$13.354 billion in interest and installments on its…
Egypt’s inflation surges at fastest pace this year in May
Business
June 4, 2025
Egypt’s inflation surges at fastest pace this year in May
Egypt’s urban inflation rate saw its fastest acceleration of the year in May, reaching 16.8 percent year-on-year, up from 13.9…
Central Bank of Egypt cuts key interest rates
Business
May 23, 2025
Central Bank of Egypt cuts key interest rates
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE), at the conclusion of its meeting this Thursday,…
Egypt sees unprecedented, historical leap in expat remittances: CBE
Economy
May 13, 2025
Egypt sees unprecedented, historical leap in expat remittances: CBE
The Central Bank of Egypt (CBE) announced that remittances from Egyptians working abroad has seen a unprecedented and historic leap…
Egypt’s foreign reserves rise to US$48.144 billion by the end of April: CBE
Business
May 7, 2025
Egypt’s foreign reserves rise to US$48.144 billion by the end of April: CBE
The Central Bank of Egypt (CBE) announced that the country’s net foreign exchange reserves rose to approximately US$48.144 billion by…
Will the US dollar rise after the CBE cut interest rates?
Business
April 19, 2025
Will the US dollar rise after the CBE cut interest rates?
Economic expert Mohamed Fouad revealed the impact of the Central Bank of Egypt‘s (CBE) recent decision to reduce interest rates…
Central Bank of Egypt to cut interest rates, expert says
Business
April 16, 2025
Central Bank of Egypt to cut interest rates, expert says
Banking expert Tarek Metwally anticipates the Central Bank of Egypt (CBE) to cut interest rates by 200 basis points (equivalent…
Central Bank of Egypt announces increase in net foreign assets
Business
April 5, 2025
Central Bank of Egypt announces increase in net foreign assets
The net foreign assets of the Egyptian banking system jumped by approximately US$1.5 billion during February, reaching $10.17 billion, compared…
InstaPay updates fees and tariffs for money transfers
Egypt
March 26, 2025
InstaPay updates fees and tariffs for money transfers
The instant payment network, InstaPay Egypt, has released a new update to its fees and tariffs. InstaPay is a modern…