News

The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate ...
Arab Finance: The Central Bank of Egypt (CBE) has temporarily raised the daily limit for cash withdrawals in local currency ...
Egypt - The Central Bank of Egypt (CBE) has announced a temporary increase in the daily cash withdrawal limit for individuals and companies at bank branches, raising the cap in local currency to EGP ...
Egypt's net foreign assets rose by $1.2 billion to $14.7 billion in May, central bank data showed on Monday, approaching ...
Egypt's annual headline inflation rate is forecast to have decelerated slightly in June to 16.2% as some food and beverage ...
The Central Bank of Egypt has increased the daily withdrawal limit to EGP 500,000 to ease operations during a period of ...
The Central Bank of Egypt (CBE) has instructed banks to actively support exporting clients in aligning their production ...
Egypt’s net international foreign reserves (NIRs) increased by $174 million at the end of June to $48.7 billion, the highest ...
Starting July 8th, selected bank branches across Egypt will extend working hours to 5 PM on weekdays, while special hours ...
Egypt's central bank has been working to reduce inflation, which has trended downwards from a peak of 38% in September 2023. Annual headline inflation stood at 13.9% in April, just up from 13.6% ...
CAIRO (Reuters) -Egypt’s central bank lowered its overnight interest rates by a less-than-expected 100 basis points on Thursday, saying economic growth had accelerated in the first quarter while ...