Central Bank of Egypt (CBE)
Central Bank of Egypt discusses opening country to international banks
Business
December 18, 2018
Central Bank of Egypt discusses opening country to international banks
The Central Bank of Egypt (CBE) held a meeting on Tuesday, to discuss allowing international banks to open branches…
Egypt’s government denies price increase for tobacco products
Egypt
December 4, 2018
Egypt’s government denies price increase for tobacco products
The government denied price increases for local tobacco products, after checking the facts on the increase of cigarette prices…
Egypt’s foreign currency reserves rose $12m in Nov: CBE
Business
December 4, 2018
Egypt’s foreign currency reserves rose $12m in Nov: CBE
The Central Bank of Egypt (CBE) announced on Tuesday that Egypt’s foreign currency reserves rose by $12 million in November…
Total deposits with banking system reach LE3.6 trillion in September: CBE
Economy
November 27, 2018
Total deposits with banking system reach LE3.6 trillion in September: CBE
The Central Bank of Egypt (CBE) announced that the total deposits with the banking system, other than the CBE,…
UNEP Finance Initiative chooses Egypt to promote “Principles for Responsible Banking”
Business
November 7, 2018
UNEP Finance Initiative chooses Egypt to promote “Principles for Responsible Banking”
UNEP Finance Initiative has selected Dalia Abdel Kader, head of Sustainability and Marketing at the Arab African International Bank…
Egypt’s market capital losses reach LE64 billion
Business
September 20, 2018
Egypt’s market capital losses reach LE64 billion
The Egyptian Exchange’s (EGX) market capital fell by LE29 billion on Wednesday, closing at LE785.6 billion and bringing the…
Egypt’s foreign currency reserve rose to US $44.41 billion in August: CBE
Economy
September 5, 2018
Egypt’s foreign currency reserve rose to US $44.41 billion in August: CBE
The Central Bank of Egypt (CBE) announced on Wednesday that Egypt’s foreign currency reserves rose to US $44.41 billion…
July 23 to be official holiday for banks and stock market: CBE
Business
July 16, 2018
July 23 to be official holiday for banks and stock market: CBE
The Central Bank of Egypt (CBE) announced Monday that July 23 is an official holiday for banks and the…
Foreign reserves rise to $44.2 bn by end of June
Business
July 5, 2018
Foreign reserves rise to $44.2 bn by end of June
The Central Bank of Egypt (CBE)’s foreign cash reserves rose by $119 million in June to reach a total…
Egypt paid $30 billion in loans during 2017: Finance Ministry
Business
June 25, 2018
Egypt paid $30 billion in loans during 2017: Finance Ministry
Egypt’s Finance Ministry said on Sunday that the country has paid $30 billion in 2017 in bonds and external…