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European officials reached a new deal with Israel to allow desperately needed food and fuel into Gaza, the European Union’s foreign policy chief said Thursday, hours after an Israeli airstrike killed ...
The deals were announced during the visit by a senior Chinese delegation led by the country’s premier to Cairo this week.
Egypt and China entered into three financial cooperation agreements on Thursday. The main topics of discussion included the ...
Egypt left interest rates on hold, snapping two rounds of monetary easing, as caution about tensions in the region and the ...
The Central Bank of Egypt is the central bank of Egypt. The bank's paid-up capital is 1000 million Egyptian pounds. The CBE Regulates banks and the banking system of Egypt; Formulates and ...
Egypt’s central bank has been working to reduce inflation, which has trended downwards from a peak of 38% in September 2023. Annual headline inflation stood at 13.9% in April, just up from 13.6% ...
AFP Cairo: Egypt's central bank on Thursday announced that it was lowering interest rates for the first time since 2020, days after the government announced a reduction in fuel subsidies.
Al-Masry Al-Youm April 5, 2025 The net foreign assets of the Egyptian banking system jumped by approximately US$1.5 billion during February, reaching $10.17 billion, compared to $8.7 billion at the ...
Egypt’s central bank has issued treasury bills worth 50 billion Egyptian pounds ($1.06 billion) as the country seeks to manage liquidity and support government financing amid rising inflation.
Egypt’s central bank plans to sell shares in state-owned The United Bank in an initial public offering on the stock exchange by the end of the first quarter of 2025.