Turkish state-owned lender Ziraat Bank is considering opening a representative office in Egypt, in the latest signs …
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Egypt’s central bank
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Egypt’s central bank raises interest rates by 100 bps to tame inflation
by Yomna Yasserby Yomna YasserEgypt’s central bank raised its key interest rates by 100 basis points (bps) on Thursday in an …
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Egypt’s balance of payments (BoP) achieved an overall surplus of $281.9 million in July-March of the financial …
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Egypt, Nigeria central banks sign fintech cooperation pact
The central banks of Egypt and Nigeria have signed on Monday an agreement to boost cooperation in …
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Foreign holdings of Egyptian treasuries at EGP 392.5 bln by April-end – CBE
by Nada Aliby Nada AliForeign holders of Egyptian treasuries stood at 392.499 billion Egyptian pounds by the end of April 2023, …
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CBE: banks loan jump to EGP 4.399 trln by Mar-end
by Nada Aliby Nada AliThe Central Bank of Egypt (CBE) reported on Thursday that the lending balances rose to 4.399 trillion …
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Egypt’s c.bank issues new digital banks licensing rules
The Central Bank of Egypt (CBE) has issued new rules for licensing and registering digital banks, with …
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Egypt’s foreign reserves hike to $34.806 bln in June – c.bank
by Nada Aliby Nada AliEgypt’s net foreign reserves rose to $34.806 billion at the end of June from $34.551 billion at …
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Egypt’s central bank to join Afreximbank’s PAPSS platform soon: Orama
Egypt’s central bank will soon join the African Export-Import Bank’s (Afreximbank) Pan-African Payment and Settlement System (PAPSS), …
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Hassan Abdallah: World Food Programme agrees $431 mln, 5-year partnership with Egypt
by Yomna Yasserby Yomna YasserEgyptian central bank governor Hassan Abdalla has on Friday delivered a speech at the annual session of …