Following the recent decisions by the Central Bank of Egypt, the foreign exchange companies of the three …
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CBE
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Egypt NewsFinancial InstitutionsMoneyNews
Egypt’s major FX firms collect EGP 3.5b since flotation
by Nada Aliby Nada AliEgypt’s Al Ahly and Misr exchange firms have collected 3.544 billion Egyptian pounds in Arab and foreign …
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BanksEgypt NewsFeatureMoneyNewsURGENT
World Bank announces more than $6b support package for Egypt
by Yomna Yasserby Yomna YasserThe World Bank announced on Monday plans to provide more than $6 billion in support to Egypt …
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BanksFeatureMoney
CBE: Egyptian banking’ net profit records EGP 283.4b in ’23
by Yomna Yasserby Yomna YasserThe Egyptian banking sector saw its net profit grew by more than half throughout 2023, the central …
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Egypt’s annual urban headline inflation rose to 35.7 per cent in February from 29.8 per cent in …
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BanksEgypt NewsFeatureNews
Egypt’s c. bank to offer EGP 3.25b T-bonds fixed coupon
by Nada Aliby Nada AliThe Central Bank of Egypt (CBE) will auction treasury bonds (T-Bonds) on Monday with fixed coupon worth …
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The Central Bank of Egypt (CBE) is offering 50 billion Egyptian pounds in treasury bills (T-bills) on …
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The Central Bank of Egypt (CBE) is offering 60 billion Egyptian pounds in treasury bills (T-bills) on …
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BanksEgypt NewsFeatureMoneyNews
Banque Misr Chair: Remittances from Egyptians abroad grow 10-fold
by Yomna Yasserby Yomna YasserAs Egypt enforced exchange rate reforms, signed landmark multi-billion agreements, and received the thumbs up from international …
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BanksEgypt NewsFeatureNews
Egypt’s c. bank auctions fixed-rate EGP 150b deposits
by Nada Aliby Nada AliThe Central Bank of Egypt (CBE) offered on Tuesday a fixed-rate deposits at 27.75 per cent for …