The net open foreign currency positions as a percentage of total capital base improved significantly to 5.7 percent in March 2024.
08.07.2024
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News by
Egypt Today
Egypt's net international reserves (NIRs) rose to $46,3 billion at the end of June, the highest level since the COVID-19 pandemic outbreak.
08.07.2024
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News by
Ahram Online
Al-Homsani explained that the meeting focused on discussing the collaborative efforts between the government and the Central Bank.
07.07.2024
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News by
Egypt Independent
CBE added the growth rates of financial inclusion for youth (age group from 16 to 35 years) reached about 48.5% during the period from 2020 to 2023.
07.07.2024
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News by
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Once approved by the Executive Board, the IMF will disburse $820 million as a third tranche of the loan to Egypt.
01.07.2024
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News by
Ahram Online
Some state-owned and private banks in Egypt raised on Tuesday the limits of credit cards when being used abroad.
26.06.2024
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News by
Ahram Online
CBE impact on market stability, price reduction, and inflation control is evident through several measures adopted in coordination with state agencies
24.06.2024
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News by
Daily News Egypt
The first auctions stood at EGP 25 billion and will mature in 182 days on 24 December this year, according to official data.
24.06.2024
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News by
Zawya
Bank working hours begin after the end of the Eid Al-Adha holiday at 9 am for banks until 2 pm.
23.06.2024
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News by
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The Ministry of Finance confirmed that 20 million pounds “change” was issued in coins on the occasion of Eid Al-Adha.
18.06.2024
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The meeting in Cairo reviewed the path of relations between Egypt and NDB, which is the economic arm of the BRICS group.
13.06.2024
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News by
Egypt Today
Egypt, with its geographical location, acts as a gateway between Asia and Africa and is a crucial corridor for global trade.
12.06.2024
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News by
Ahram Online
The seminar represents an opportunity to familiarize with the bank's operations and explore ways to assist the government and private sector.
11.06.2024
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News by
Ahram Online
Egypt's New Administrative Capital will host the New Development Bank's (NDB) first international forum outside the BRICS countries on 11-12 June.
09.06.2024
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News by
Ahram Online
Subject to approval by the IMF’s Executive Board, Egypt will have access to about US$820 million, an IMF statement said.
09.06.2024
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News by
Egypt Independent
Egypt’s net international reserves (NIRs) hit its highest point in more than four years (50 months) to reach $46.1 billion in May.
05.06.2024
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News by
Ahram Online
Several banks operating in Egypt have recently launched Certificate of Deposits with lucrative monthly and annual returns.
04.06.2024
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News by
Egypt Independent
The total financing volume provided by CIB in the field of renewable energy and waste management amounts to an impressive $300m.
03.06.2024
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News by
Daily News Egypt
Hassan Abdalla eleased a statement on the occasion of AfDB’s 60th anniversary and the 2024 Annual Meetings.
03.06.2024
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News by
Daily News Egypt
The move supports Egypt’s digital transformation plan making the society less dependent on cash to enhance the government’s financial inclusion.
02.06.2024
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News by
Ahram Online
