Egypt’s foreign exchange reserves (forex) rose to 44.41 billion U.S. dollars in August, the Central Bank of Egypt (CBE) said in a statement on Wednesday. “Egypt’s forex increased by 105 million dollars to reach […]
The total financial position of banks operating in the local market peaked to over EGP 5tn at the end of March 2018, reaching EGP 5.109tn for the first time in the history of the […]
The total financial position of banks operating in the local market peaked to over EGP 5tn at the end of March 2018, reaching EGP 5.109tn for the first time in the history of the […]
The total financial position of banks operating in the local market peaked to over EGP 5tn at the end of March 2018, reaching EGP 5.109tn for the first time in the history of the […]
The Central Bank of Egypt (CBE) said that the Egyptian annual core inflation rate declined to 14.35 percent in January 2018 from 19.86 percent in December 2017, according to a report on Thursday. On […]
As the first day of the Financial Technology (FinTech) conference “Seamless North Africa” comes to and, Egypt Today sums up the most important statements made by officials. Governor of the Central Bank of Egypt […]
The Egyptian pound exchange rate inched up in Wednesday’s morning banking transactions. The exchange rate of the U.S. dollar recorded an average of LE 17.68 for buying and LE 17.78 in the Central Bank […]
Sub Governor Markets Sector in the Central Bank of Egypt (CBE) Rami Abul Naga said that the bank paid off in November $2 billion for the African Export-Import Bank (Afreximbank). Abul Naga told MENA […]
The Central Bank of Egypt (CBE) has received about $125m from the World Bank as part of a loan to implement the local development programme in Upper Egypt. The Minister of State for Planning […]
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