News

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 ...
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 ...
Egyptian Minister of Investment and Foreign Trade Hassan El Khatib announced the policy shift this week, confirming that the ...
Essam Omar said that the Bank has promulgated a series of regulatory directives aimed at reinforcing risk management ...
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, ...
Central bankers who gathered in Portugal this week focused on ways that Europe could improve its competitiveness with the ...
Egypt and Saudi Arabia share many foreign policy and regional security objectives and have a long and complicated ...
The Union for the Mediterranean (UfM) will co-organize the 9th Conference of Mediterranean Central Banks in partnership with the Central Bank of Egypt, the Banco de España, the Organisation for ...
The world’s leading central bankers gather today for a panel discussion in Sintra, Portugal. ECB President Christine Lagarde ...
The head of the European Central Bank said inflation has become more unpredictable due to shocks like the COVID-19 pandemic ...