FinTech Egypt initiative powered by Central Bank of Egypt (CBE) has released the first Digital Academy, to …
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BanksEgypt NewsFeatureforex newsMoneyNewsThe Watch
Egypt’s pound hits EGP 29.76 against dollar at closing
by Yomna Yasserby Yomna YasserEgypt’s pound currency has recorded EGP 29.76 against the U.S. dollar during the closing trade at banks …
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BanksEgypt NewsFeatureFinancial InstitutionsMoneyNews
IMF: Egypt’s central bank may warrant additional policy tightening to curb inflation
by Yomna Yasserby Yomna YasserEgypt’s central bank (CBE) may warrant additional monetary policy tightening as persistent inflationary pressures mount following the …
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Egypt NewsFeatureMoneyNews
Bahraini Bank ABC finalises acquisition of Blom Bank’s unit in Egypt
by Nada Aliby Nada AliThe Arab Banking Corporation (Bank ABC) has announced on Wednesday its compilation of the legal merger of …
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BanksEgypt NewsMoneyNews
Egypt’s net foreign reserves surge to $34.002 billion in December
by Yomna Yasserby Yomna YasserEgypt’s net foreign reserves surged to $34.002 billion at the end of December from $33.532 billion at …
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Egypt’s central bank on Saturday announced the schedule of its meetings that determine the course of monetary …
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BanksFeatureMoney
BREAKING: Egypt’s central bank hikes interest rates 3%
by Yomna Yasserby Yomna YasserEgypt’s central bank has on Thursday decided to hike interest rates by 3 percent to contain inflationary pressures which …
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BanksEgypt NewsFeatureForexforex newsMoneyNewsThe Watch
Report: Egypt’s pound now under supply, demand forces, floatation not “accurate term”
by Yomna Yasserby Yomna YasserEgypt’s pound currency is now under the forces of supply and demand since October 27 when the …
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Egypt’s c.bank expects 200bps interest rate hikes next Thursday- Reuters poll
by Nada Aliby Nada AliThe Central Bank of Egypt (CBE) will raise its overnight interest rates by 200 basis points on …
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BanksEgypt NewsFeatureMoneyNewsTech/AI
Egypt’s gold reserves hike to $7,078bn in November – c.bank
by Nada Aliby Nada AliEgypt’s gold reserves, a major component of foreign cash reserves, increased to $7,078 billion at the end …