Central Bank of Egypt (CBE)
Egypt to sell stake in Banque du Caire by end of year: CBE Governor
Business
April 16, 2019
Egypt to sell stake in Banque du Caire by end of year: CBE Governor
Central Bank of Egypt Governor Tarek Amer officially revealed plans to sell a stake in Banque du Caire, one of…
CBE receives requests from major international banks to operate in Egypt
Business
March 30, 2019
CBE receives requests from major international banks to operate in Egypt
The Central Bank of Egypt (CBE) has received requests from major international banks recently for new licenses to operate in…
CBE Governor expects fifth installment of IMF loan by the end of January
Business
January 23, 2019
CBE Governor expects fifth installment of IMF loan by the end of January
Governor of the Central Bank of Egypt (CBE) Tariq Amer said that Egypt expects to receive its fifth IMF…
Sisi discusses developments of Egypt’s monetary reform program
Economy
December 30, 2018
Sisi discusses developments of Egypt’s monetary reform program
Egyptian President Abdel Fattah al-Sisi on Sunday discussed the monetary reform program with Prime Minister Mostafa Madbouly and Governor…
Inflation rate anticipated to decline to 9% in 2018: CBE
Economy
December 30, 2018
Inflation rate anticipated to decline to 9% in 2018: CBE
The Central Bank of Egypt (CBE) announced in a Saturday statement that they anticipate the inflation rate would decline…
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…