Central Bank of Egypt (CBE)
US dollar price in Egypt now returns to its true value: Economist
Business
October 4, 2025
US dollar price in Egypt now returns to its true value: Economist
Economist Sherif Awad explained on Friday that the Central Bank‘s one percent interest rate cut will have a positive impact…
Central Bank of Egypt cuts interest rates by 2%
Business
August 29, 2025
Central Bank of Egypt cuts interest rates by 2%
The Central Bank of Egypt (CBE) decided on Thursday evening to cut interest rates on deposits and lending by 2…
Egypt’s tourism revenues rise by 15.4%: CBE
Economy
July 23, 2025
Egypt’s tourism revenues rise by 15.4%: CBE
The Central Bank of Egypt (CBE) announced on Tuesday that tourism revenues rose by 15.4 percent to US$ 12.5 billion…
CBE decides to return banks to work at 3 pm instead of 5 pm
Business
July 16, 2025
CBE decides to return banks to work at 3 pm instead of 5 pm
The Central Bank of Egypt (CBE) announced that banks will resume their normal working hours, until three pm starting Tuesday,…
Egypt and China sign 1st phase of debt-for-development swap program
Business
July 12, 2025
Egypt and China sign 1st phase of debt-for-development swap program
Minister of Planning, Economic Development and International Cooperation, Rania al-Mashat, and the Chairman of the China International Development Cooperation Agency…
Egypt paid US$ 13.3 billion in interest and installments in 3 months: CBE
Business
June 11, 2025
Egypt paid US$ 13.3 billion in interest and installments in 3 months: CBE
The Central Bank of Egypt (CBE) announced that Egypt has paid approximately US$13.354 billion in interest and installments on its…
Egypt’s inflation surges at fastest pace this year in May
Business
June 4, 2025
Egypt’s inflation surges at fastest pace this year in May
Egypt’s urban inflation rate saw its fastest acceleration of the year in May, reaching 16.8 percent year-on-year, up from 13.9…
Central Bank of Egypt cuts key interest rates
Business
May 23, 2025
Central Bank of Egypt cuts key interest rates
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE), at the conclusion of its meeting this Thursday,…
Egypt sees unprecedented, historical leap in expat remittances: CBE
Economy
May 13, 2025
Egypt sees unprecedented, historical leap in expat remittances: CBE
The Central Bank of Egypt (CBE) announced that remittances from Egyptians working abroad has seen a unprecedented and historic leap…
Egypt’s foreign reserves rise to US$48.144 billion by the end of April: CBE
Business
May 7, 2025
Egypt’s foreign reserves rise to US$48.144 billion by the end of April: CBE
The Central Bank of Egypt (CBE) announced that the country’s net foreign exchange reserves rose to approximately US$48.144 billion by…