Central Bank of Egypt (CBE)
Egypt paid $30bn in loans in 2017: CBE
Economy
January 3, 2018
Egypt paid $30bn in loans in 2017: CBE
Sources in the Central Bank of Egypt (CBE) announced on Wenesday that Egypt paid $US30 billion to foreign bodies in…
Egypt’s central bank keeps interest rates unchanged
Economy
January 2, 2018
Egypt’s central bank keeps interest rates unchanged
Egypt’s central bank kept its key interest rates unchanged on Thursday as inflation remained in double digits a year after…
Third IMF loan installment will bridge funding gap: CBE source
Economy
December 24, 2017
Third IMF loan installment will bridge funding gap: CBE source
The third tranche of the International Monetary Fund (IMF) loan worth $2 billion will be used to support the state…
Egypt to receive third IMF loan installment within days: CBE source
Egypt
December 22, 2017
Egypt to receive third IMF loan installment within days: CBE source
A high-level source at the Central Bank of Egypt (CBE) said on Thursday that Egypt will receive the third installment…
CBE: foreign reserves rise by $20 million in November
Business
December 4, 2017
CBE: foreign reserves rise by $20 million in November
The Central Bank of Egypt (CBE) said that the country’s net foreign currency reserves rose by $20 million at the…
Billionaire Naguib Sawiris says dreams of owning bank in Egypt
Business
November 8, 2017
Billionaire Naguib Sawiris says dreams of owning bank in Egypt
Egyptian billionaire businessman Naguib Sawiris said Tuesday that he wants to open a private bank in Egypt. “If the Governor of…
World Bank transfers $125 mn to CBE for Upper Egypt development
Economy
October 17, 2017
World Bank transfers $125 mn to CBE for Upper Egypt development
The Ministry of Planning, Follow-up and Administrative Reform said that the World Bank (WB) transferred $125 million to Central Bank…
Egypt’s foreign reserves rise to $36.5 bn in September: CBE
Business
October 2, 2017
Egypt’s foreign reserves rise to $36.5 bn in September: CBE
Egypt’s foreign reserves increased to $US36.534 billion in September from $36.143 in August, rising by $391 million, the Central Bank…
Sisi reviews latest economic, heath, security issues in top-level meeting
Egypt
August 8, 2017
Sisi reviews latest economic, heath, security issues in top-level meeting
President Abdel Fattah al-Sisi held a presidential meeting on Monday with Prime Minster Sherif Ismail to examine recent economic developments, affairs…
32.5% increase in Egypt’s foreign debt: CBE
Egypt
August 1, 2017
32.5% increase in Egypt’s foreign debt: CBE
The Central Bank of Egypt (CBE) said that Egypt’s gross foreign debt surged by 32.5 percent ($18.1 billion) in the third…