News

ZAWYA1h
Egypt, China central banks sign pacts to boost yuan use, payment systems
One of the agreements was signed between Suez Canal Bank, TEDA China-Africa Investment Co., and CIPS Co. Ltd., the operator ...
Egypt Halts Rate Cuts, With Caution Outranking Slower Inflation
Egypt left interest rates on hold, snapping two rounds of monetary easing, as caution about tensions in the region and the ...
Egypt's net foreign assets rise in May to $14.7 billion
Egypt's net foreign assets rose by $1.2 billion to $14.7 billion in May, central bank data showed on Monday, approaching ...
Egypt's Core Inflation at 11.4% Y/y in June, Down From 13.1% in May
CAIRO (Reuters) -Egypt's core inflation was 11.4% on an annual basis in June, down from 13.1% in May, the central bank said ...
Ahram Online14h
Egypt’s inflation rates see slight decline amid mixed price trends
Egypt’s annual inflation rate eased to 14.4 percent in June, down from 16.5 percent the previous month, according to data ...
CBE Temporarily Raises Daily Withdrawal Limit To EGP 500,000, Extends Bank Hours Amid Telecom Disruptions
The Central Bank of Egypt (CBE) has announced a temporary increase in the daily cash withdrawal limit for individuals and ...
U.S. News & World Report3d
Egypt's Central Bank Expected to Keep Interest Rates Steady on July 10 ...
CAIRO (Reuters) -The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate reductions following a stubborn increase in ...
Ahram Online18h
Egypt, China ink 3 financial cooperation agreements
Hassan Abdalla, the governor of the Central Bank of Egypt (CBE), and Pan Gongsheng, the governor of the People's Bank of ...