The central bank's pause on interest rate changes signals a cautious approach to addressing the country's economic challenges.
Papers by
Egypt Business Directory
The Central Bank of Egypt (CBE) announced on Wednesday a four-day holiday for banks, starting 28 September, to celebrate the Moulid El-Nabi.
21.09.2023
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News by
Ahram Online
Fruitful discussions regarding the organization of specialized banking forums in Egypt, Tunisia, and Qatar were held during the session.
19.09.2023
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News by
Egypt Today
This reluctance stems from the significant inflation rates and concerns about the economic and social repercussions such a decision might have.
18.09.2023
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News by
Asharq Alawsat
The Monetary Policy Committee of the Central Bank of Egypt is scheduled to hold its sixth meeting for 2023 on September 21 to discuss interest rates.
14.09.2023
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News by
Egypt Independent
Egypt's Ministry of Finance announced the extension of the registration deadline for the Eighth Annual Meetings of the Asian Infrastructure Investment
14.09.2023
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News by
Ahram Online
The World Bank has appointed Stephane Guimbert as the new country director for Egypt, Yemen, and Djibouti, effective 1 August.
13.09.2023
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News by
Ahram Online
Egypt's President Abdel-Fattah El-Sisi is scheduled to attend the inauguration of the Asian Infrastructure Investment Bank (AIIB) meetings.
12.09.2023
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News by
Ahram Online
Egypt’s domestic debt increased by eight percent in the first quarter of 2023 to reach LE6.86 trillion ($222.18 billion).
07.09.2023
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News by
Egypt Independent
The National Bank of Egypt (NBE) has sealed a deal to secure $100 million from the Abu Dhabi foreign aid agency to fund Egyptian exports from the UAE.
07.09.2023
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News by
Ahram Online
Banque du Caire offers dollar savings certificates, or the Primo certificate in US dollars, with a return of up to 5.15 percent annually.
07.09.2023
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News by
Egypt Independent
Net foreign liabilities rose to LE 2,287 billion in July, compared to LE 2,275 billion in June, the CBE reported in its release.
04.09.2023
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News by
Egypt Today
Egypt is looking forward to expanding the cooperation portfolio with the Asian Infrastructure Investment Bank to $40 billion covering 220 projects.
31.08.2023
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News by
Ahram Online
President Abdel Fattah al-Sisi on Sunday ratified law no. 170 of 2023 on the revocation of laws related to the establishment of some banks.
29.08.2023
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News by
Egypt Independent
EBRD’s Youth in Business Program (YiB) is dedicated to supporting privately owned microenterprises or young entrepreneurs under the age of 35.
24.08.2023
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News by
Egypt Today
El-Beltagy added in a report issued Tuesday, that the volume of Islamic banking accounts for 5% of the Egyptian banking market.
24.08.2023
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News by
Daily News Egypt