Central Bank of Egypt (CBE)
Government to receive $2 billion from IMF in July: Minister
Business
June 19, 2018
Government to receive $2 billion from IMF in July: Minister
Minister of Finance Mohammed Maet announced on Monday that Egypt would receive the fourth tranche of the International Monetary…
Egypt’s banks working hours to end at 1:30 pm in Ramadan: CBE
Egypt
May 15, 2018
Egypt’s banks working hours to end at 1:30 pm in Ramadan: CBE
The Central Bank of Egypt (CBE) stated on Tuesday that the bank’s working hours during Ramadan will start at 9:30…
Egypt’s net foreign reserves rise to $42.611 bn in March
Economy
April 2, 2018
Egypt’s net foreign reserves rise to $42.611 bn in March
Egypt’s net foreign reserves rose slightly to US$42.611 billion at the end of March, from $42.524 billion at the end…
High participation rates of ‘women and elderly men’ in presidential elections: CAPMAS
Egypt
March 29, 2018
High participation rates of ‘women and elderly men’ in presidential elections: CAPMAS
The chief of the Central Agency for Public Mobilization and Statistics (CAPMAS) Khayrat Barakat said on Thursday that the Egyptian…
Foreign reserves rise to $42.5bn in February: CBE
Business
March 4, 2018
Foreign reserves rise to $42.5bn in February: CBE
The Central Bank of Egypt (CBE) said on Sunday that the volume of foreign reserves reached US$42.5 billion in February,…
Sukari Mining, CBE hold barter agreement, increasing gold reserves
Egypt
February 18, 2018
Sukari Mining, CBE hold barter agreement, increasing gold reserves
The Sukari Mining Company in the Red Sea governorate implemented in February a barter agreement with the Central Bank of…
Egypt govt mulls establishing new public transport company
Egypt
February 13, 2018
Egypt govt mulls establishing new public transport company
Egypt Prime Minister Sherif Ismail discussed on Monday with the Governor of the Central Bank, Transport, Local Development ministers, and…
Egypt negotiates with Saudi Arabia, Kuwait to extend deposit maturity
Business
February 10, 2018
Egypt negotiates with Saudi Arabia, Kuwait to extend deposit maturity
Egypt is negotiating with Saudi Arabia and Kuwait to extend the maturity of deposits for a new term, high-level government sources…
Over LE100 bn in cash flows since flotation of the pound: CBE governor
Business
February 6, 2018
Over LE100 bn in cash flows since flotation of the pound: CBE governor
The volume of cash flows into the Egyptian economy since the flotation of the pound in November 2016 has exceeded…
Egypt’s foreign reserves jump to $38.2 bln in January
Business
February 4, 2018
Egypt’s foreign reserves jump to $38.2 bln in January
The Central Bank of Egypt (CBE) on Sunday said that foreign currency reserves rose by $1.2 billion to $38.209 billion…