Egypt's cash reserves had increased to $34.002 billion at the end of December, compared to $33.53 billion at the end of November.
06.02.2023
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News by
Egypt Today
The Central Bank took advantage of the tools of the monetary policy, and the financial policy to implement and enhance market stability.
04.02.2023
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Egypt Independent
The CBE attributed the surplus to the growing revenues of tourism, Suez Canal as well as petroleum and non-petroleum exports.
03.02.2023
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News by
Egypt Today
The BRICS group comprises the major emerging economies, namely Brazil, Russia, India, China, and South Africa. It is headquartered in Shanghai, China.
03.02.2023
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The step reflects the Central Bank of Egypt’s desire to respond to investors’ expectations that interest rates will take an upward curve.
03.02.2023
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Remco is an Egypt-based company that operates in tourism and entertainment projects development and construction.
03.02.2023
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Zawya
The Parliament approved an agreement that allows Egypt to join BRICS group's New Development Bank.
03.02.2023
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News by
Egypt Today
The best way to improve the investment climate in the future is by announcing monetary policies that ensure the stability of policies.
02.02.2023
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News by
Ahram Online
Egypt’s annual urban consumer inflation continued to rise in December, recording 21.3 percent, the highest since the end of 2017.
02.02.2023
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News by
Ahram Online
Egyptian MPs welcomed the agreement, seeing in it a way to help reduce demand for US dollars.
02.02.2023
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News by
Economic Times
NFAs improved to a negative 494.3 billion Egyptian pounds from a negative 541.5 billion in November.
02.02.2023
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News by
Reuters
The central bank raised rates by a larger-than-expected 300 bps at its last meeting on Dec. 22 and by 200 bps at a surprise meeting on Oct. 27.
01.02.2023
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News by
Reuters
Many banks within Egypt were trading at 30 Egyptian pounds for $1 earlier this month.
31.01.2023
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News by
Greenwich time
Proceeds from the 25 percent and 22.5 percent saving certificates of deposit offered by Banque Misr and the NBE garnered EGP 460 billion in a month.
31.01.2023
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News by
Ahram Online
Egypt aims to benefit from the areas that fall within the various activities of the bank, including supporting sustainable development.
31.01.2023
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The search rates of citizens who wish to purchase the new Certificates of Deposit (CDs) with a return of 25 percent introduced recently have increased
26.01.2023
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News by
Egypt Independent
The EGX weekly report stated that the CIB's share increased 9.5% and accounted for 19.5% of the transactions, at a value of EGP 2.5bn.
23.01.2023
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News by
Daily News Egypt
The Central Bank of Egypt (CBE) is set to offer treasury bills (T-bills) with a combined value of EGP 35 billion through two auctions on Sunday.
22.01.2023
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News by
Ahram Online
Of this amount, EGP 120 billion for Banque Misr and the rest for the National Bank of Egypt (NBE).
19.01.2023
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The addition of the new currencies brought the total number of currencies listed by the Russian Central Bank at official daily rates to 43.
19.01.2023
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