Cairo – The Central Bank of Egypt (CBE) unveiled treasury bills (T-bills) at a combined value of EGP 65 billion through two auctions on Monday, 7 July. The first tranche was valued at EGP 30 billion ...

The IMF may merge its fifth and sixth reviews of Egypt's $8 billion support programme because of slow progress on structural ...

Egypt's net foreign assets turned negative in February 2022 and only returned to positive territory in May last year ...

Egypt's net foreign assets rose by $1.2 billion to $14.7 billion in May, central bank data showed on Monday, approaching levels reached in March when the International Monetary Fund approved a $1.2 ...

Contact Creditech, the digital consumer finance arm of Contact Financial Holding, has entered into a strategic partnership ...

Egypt and Saudi Arabia share many foreign policy and regional security objectives and have a long and complicated ...

Egyptian Minister of Investment and Foreign Trade Hassan El Khatib announced the policy shift this week, confirming that the ...

Egypt is set to allow Chinese firms to register and operate using the Chinese currency, the yuan -- an important step to facilitate investment and enhance economic relations between the two countries, ...

Last Thursday, the Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) went against expectations by deciding to cut interest rates by 50 basis points.

The Central Bank of Egypt has raised its limits on deposits and withdrawals at Egyptian banks, reports Doaa A. Moneim Clients at banks working in Egypt are now able to withdraw up to LE150,000 ...

The updated framework is designed to align with the evolving dynamics of electronic payments and is grounded in the provisions of Law No. 194 of 2020 concerning the Central Bank and the banking sector ...

President Abdel-Fattah El-Sisi has issued a presidential decree, announced on Sunday, to establish a new board of directors of the Central Bank of Egypt (CBE). The board will be led by Hassan Abdullah ...