After successfully hosting COP27 in November 2022, the Egyptian resort city of Sharm El-Sheikh is getting ready …
Egypt’s central bank
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BanksFeatureMoney
BREAKING: Egypt’s central bank keeps rates unchanged at 2023 first meeting
by Yomna Yasserby Yomna YasserEgypt’s central bank has hiked its key interest rates by 150 basis points on Thursday as it …
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Egypt NewsFeatureFinancial InstitutionsMoneyNews
S&P Global affirms Egypt’s B rating on exchange rate flexibility, IMF, GCC support
by Yomna Yasserby Yomna YasserS&P Global Ratings has affirmed on Friday Egypt’s credit rating at B with a stable outlook buoyed …
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Foreign investors pour $925 million into Egypt since January 11: central bank
by Yomna Yasserby Yomna YasserForeign investors have transferred more than $925 million into the Egyptian foreign exchange market in the three …
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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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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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The godfather of CIB Egypt bank, Hisham Ezz Al-Arab, returns as chairman – Al Arabiya
Egyptian veteran banker Hisham Ezz Al-Arab returns for a second stint as chairman of the Commercial International …