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The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate ...
Egypt's net foreign assets rose by $1.2 billion to $14.7 billion in May, central bank data showed on Monday, approaching ...
Egypt's annual headline inflation rate is forecast to have decelerated slightly in June to 16.2% as some food and beverage ...
Net foreign assets (NFAs) of the Egyptian banking system increased by $1.2 billion to $14.7 billion at the end of May 2025, ...
We must enhance cooperation between the central banks of the BRICS countries and advance our efforts in enabling financial ...
The Central Bank of Egypt has increased the daily withdrawal limit to EGP 500,000 to ease operations during a period of ...
The Central Bank of Egypt (CBE) has instructed banks to actively support exporting clients in aligning their production ...
Starting July 8th, selected bank branches across Egypt will extend working hours to 5 PM on weekdays, while special hours ...
Egypt’s net international foreign reserves (NIRs) increased by $174 million at the end of June to $48.7 billion, the highest ...
Central bank figures show "M1" money supply, which includes domestic currency in circulation and demand deposits in Egyptian pounds, jumped by 31.1% in the year to end-June 2024, after growing 33. ...
Egypt's central bank will raise its overnight deposit rate by 175 basis points (bps) on Thursday in response to the U.S. Federal Reserve's rate hikes and commodity import price rises caused by the ...
Egypt’s central bank governor, Tarek Amer, unpegged the pound from the dollar in November, leading to a sharp devaluation and paving the way for a much-needed $12 billion IMF loan. The exchange rate ...
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