Central Bank of Egypt

Egypt’s public debt reaches LE3.695 trillion: CBE
Economy

Egypt’s public debt reaches LE3.695 trillion: CBE

  The Central Bank of Egypt (CBE) announced Thursday that national public debt has reached LE3.695 trillion at the end…
Standard Chartered expects 5.5% growth for Egypt in 2019
Economy

Standard Chartered expects 5.5% growth for Egypt in 2019

Standard Chartered projected on Tuesday that the gross domestic product (GDP) growth rate of Egypt will rise by 5.5 percent…
Egypt central bank signs $3.8 bln finance accord with international banks
Egypt

Egypt central bank signs $3.8 bln finance accord with international banks

  DUBAI, Oct 11 (Reuters) – The Central Bank of Egypt said on Thursday it agreed to enter into a…
Egypt’s Balance of Payment surplus records $12.8 billion
Egypt

Egypt’s Balance of Payment surplus records $12.8 billion

Egypt’s Balance of Payment (BoP) ran an overall surplus of $12.8 billion during fiscal year (FY) 2017-2018, compared to an…
Remittances from Egyptians abroad up by 41.2% in April 2018
Business

Remittances from Egyptians abroad up by 41.2% in April 2018

  The Central Bank of Egypt (CBE) announced a rise in remittances from Egyptians working abroad by 41.2 percent in…
US dollar maintains price on Thursday
Economy

US dollar maintains price on Thursday

The US dollar maintained its price against the Egyptian pound at an average of LE 17.56 during banking dealings on…
Egypt’s foreign debt up to $80.8bn in 2017: CBE
Business

Egypt’s foreign debt up to $80.8bn in 2017: CBE

The Central Bank of Egypt (CBE) stated on Wednesday that Egypt’s total foreign debt jumped to US$80.8 billion by end…
Egyptian expats remittances record highest level in history: CBE
Business

Egyptian expats remittances record highest level in history: CBE

From November 2016 to November 2017, the total sum of remittances sent to Egypt from expats working abroad reached $24.2 billion,…
Egyptian exports climb to $5.8 billion from January-March 2017: CBE
Economy

Egyptian exports climb to $5.8 billion from January-March 2017: CBE

Egyptian exports saw a significant increase during the months of January-March 2017, reaching a value of $5.8 billion over the…
Egypt’s central bank considers obligating banks to classify loans and deposits by gender
Economy

Egypt’s central bank considers obligating banks to classify loans and deposits by gender

Egypt’s central bank is considering requiring banks to report the breakdown of their loan and deposit figures according to the…
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