CAIRO – 28 August 2022: Balances of financing micro-enterprises increased to record about LE 64.6 billion to serve 4.5 million customers by the end of June 2022, according to Chairman of the Egyptian Federation for Financing of Medium, Small and...اقرأ المزيد
CAIRO – 17 May 2022: The Constitutional and Legislative Affairs Committee of the Egyptian House of Representatives, finally approved, on Sunday, a government-drafted bill calling for amending the Anti-Money Laundering Law promulgated by Law No. 80 of...اقرأ المزيد
CAIRO – 27 April 2022: The Central Bank of Egypt (CBE) has issued the main indicators of financial inclusion, which contribute to following up on the development of the use of financial services and products for all segments of society in a way...اقرأ المزيد
CAIRO – 24 March 2022: Cairo Chamber of Commerce’s Currency Exchange Department announced a 300 percent record increase in the selling of dollar and a hike in the selling of other foreign currencies over the past days following a decision...اقرأ المزيد
CAIRO – 5 March 2022: Egypt’s net foreign reserves increased by approximately $13 million in February, the Central Bank of Egypt (CBE) announced Thursday. The net foreign currency reserves rose to $40.993 billion by the end of February 2022, compared...اقرأ المزيد
CAIRO – 23 February 2022: The Central Bank of Egypt (CBE) said that 1,829 stalled factories and tourism companies have benefitted from initiatives launched by the State to support defaulters till December 2021. In a press release on Wednesday, the...اقرأ المزيد
CAIRO – 6 January 2022: Egypt’s external debt declined $439 million at the end of the first quarter of the current fiscal year 2021/2022, recording $137.420 billion, compared to $137.859 billion in the fourth quarter of the previous fiscal year,...اقرأ المزيد
Remittances from Egyptian expatriates jumped 8.8 percent or $1.9 billion during the first nine months of 2021 on an annual basis, recording $24 billion, according to data from the Central Bank of Egypt (CBE). CBE added that remittances from Egyptian expatriates...اقرأ المزيد
The Central Bank of Egypt (CBE), on behalf of the Ministry of Finance, is set to issue LE 17.5 billion in treasury bills (T-bills) on Sunday, Nov. 14. The T-bills were offered in two installments, with the first valued at LE 3.5 billion with a 91-day...اقرأ المزيد
The annual core inflation rate recorded 5.2 percent in October 2021, compared to 4.8 percent in September 2021, the Central Bank of Egypt (CBE) said in a statement Wednesday. The Consumer Price Index in Egypt has recorded a monthly rate of 2.1 percent...اقرأ المزيد
