Tag: Central Bank of Egypt

Banks’ capital increases by EGP 128.42bn at end of June 2017: CBE

The return on average assets of banks operating in the Egyptian market…

Hossam Mounir Hossam Mounir

PM announces reshuffle of state-owned bank leaders within hours

Amr Kamel, Maged Fahmy nominated to chair Egyptian Arab Land Bank and…

Mohamed Ayyad Mohamed Ayyad

Balance of Payments marks surplus of $13.7bn in FY 2016/2017: CBE

Exports revenues amount to $21.7bn, imports register $57.1bn, tourism profits at $4.4bn,…

Hossam Mounir Hossam Mounir

CBE clears multibillion-dollar backlog of FX requests: official

Figures add evidence to Egypt’s external finances improving

Daily News Egypt Daily News Egypt

Egypt foreign exchange reserves increase by $107m in August 

Foreign exchange reserves increased to $36.14bn at the end of August compared…

Mohamed Ayyad Mohamed Ayyad

CBE’s automobile committee resumes work soon

Hussein Mostafa, the executive director of the Egyptian Automobile Manufacturers Association (EAMA)…

Daily News Egypt Daily News Egypt

Banknote issuance to GDP increases to 13.42% in May: CBE

CBE printed new banknotes worth EGP 15.774bn this month

Hossam Mounir Hossam Mounir

EGP 55bn increase in bank deposits, EGP 39bn increase in loan portfolio in May 2017: CBE

Foreign investments in T-bills hike to EGP 176,000bn at the end of…

Hossam Mounir Hossam Mounir

Can CBE reduce inflation to 10%-16% by the end of 2018?

The key objective of monetary policy in the next phase is to…

Hossam Mounir Hossam Mounir

Exchange rate to remain stable at EGP18/USD this year and next: FocusEconomics

Inflation to remain elevated for some time to come, says FocusEconomics

Shaimaa Al-Aees Shaimaa Al-Aees