Central Bank of Egypt (CBE)
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…
Central Bank of Egypt considers additional hikes in key interest rates
Business
July 3, 2017
Central Bank of Egypt considers additional hikes in key interest rates
The government is considering a new hike in key deposit and lending rates; the issue will be discussed by the…
Domestic public debt rises to LE3 trillion: CBE
Business
June 8, 2017
Domestic public debt rises to LE3 trillion: CBE
The total domestic public debt has risen to LE3.079 trillion in the period from July to March of the fiscal year…
Banking system received $1 bln in 2 days, after central bank raised key interest rates
Business
May 29, 2017
Banking system received $1 bln in 2 days, after central bank raised key interest rates
Governor of the Central Bank of Egypt Tarek Amer said Monday that the banking system received around $1 billion since…
CBE takes measures to protect Egypt’s banks against ransomware
Egypt
May 17, 2017
CBE takes measures to protect Egypt’s banks against ransomware
The Central Bank of Egypt (CBE) issued instructions to banks operating in the local market to take precautionary measures to…
Egypt’s external debt rises by 40.8%
Business
April 4, 2017
Egypt’s external debt rises by 40.8%
Egypt's total external debt rose by 40.8 percent year-on-year in the first half of the fiscal year 2016-2017, while domestic…
Egypt to receive US$1 billion World Bank loan in March: CBE governor
Egypt
February 26, 2017
Egypt to receive US$1 billion World Bank loan in March: CBE governor
Egypt will receive the second US$1 billion tranche of a US$3 billion World Bank loan in March, Central Bank Governor…
Egypt’s foreign debt to reach 30 percent of GDP by June: central bank governor
Egypt
February 25, 2017
Egypt’s foreign debt to reach 30 percent of GDP by June: central bank governor
Egyptian Central Bank Governor Tarek Amer said late on Friday that he expects the country's foreign debt to reach 30…
CBE solves dollar crisis for companies with short position at US$5 mn
Egypt
February 21, 2017
CBE solves dollar crisis for companies with short position at US$5 mn
Central Bank of Egypt governor (CBE) Tarek Amer approved an agreement with investors to restructure their debts owed to banks…