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Central Bank of Egypt

Central Bank of Egypt latest

Egypt's oil trade balance achieved for the first time in four years a surplus of $150.8 million. (Shutterstock)
April 2nd, 2019 - 07:59 GMT

Egypt's Oil Trade Balance Achieves Surplus of $150.8 Million

Egypt's oil trade balance achieved for the first time in four years a surplus of $150.8 million during the first half of fiscal year 2018/19, compared to a deficit of $2.2 billion in the same period the previous fiscal year, the Central Bank of Egypt (CBE) announced.
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The volume of trade exchange between Egypt and the rest of the world is up, so is Egypt's trade deficit. (File photo)
February 21st, 2018 - 11:59 GMT

Egypt’s Trade Deficit at $8.9 Billion for July-September 2017: Central Bank

Egypt is hosting its first Fintech conference titled “Seamless North Africa” on February 6-7 to revitalize the country’s digital economy. (Shutterstock)
February 5th, 2018 - 09:50 GMT

‘Seamless North Africa’: Egypt to Host First Fintech Conference on February 6-7

The main driver behind the restoration of Egypt’s economic competitiveness was the decision to float the pound in November 2016, the report states. (Shutterstock)
January 18th, 2018 - 11:42 GMT

Egypt’s Economy to Record Region’s Strongest Growth by 2019: Report

Car prices changes in Egypt this year ranged from +7% up to +129% for some models. (Pixabay)
December 27th, 2017 - 10:32 GMT

Egypt: Car Sales Down 50 Percent as Prices Hit Record High in 2017

When it comes to Egypt's economy in the coming years, three economic issues in particular are prompting investors to hedge their bets. (AFP)
December 13th, 2017 - 09:37 GMT

Opinion: Three Challenges Ahead for Egypt’s Economy

The first McDonald’s branch in Egypt opened in October 1994 (Shutterstock/File)
December 4th, 2017 - 06:00 GMT

Egypt Opens its 100th McDonald's Branch

The net foreign assets of the banking sector in Egypt scored about EGP 174.878bn at the end of August, up from EGP 139.658bn at the end of July, according to the Central Bank. (Shutterstock)
November 19th, 2017 - 07:00 GMT

Egypt's Net Foreign Assets Jump 25 Percent in One Month: Central Bank

The intention of the CBE to establish an independent central administration to protect consumers of financial services.
October 24th, 2017 - 05:00 GMT

Only 33% of Adults in Egypt Have Bank Accounts

Inflation has been on the rise since the currency flotation on November (AFP/File)
October 17th, 2017 - 05:00 GMT
Sally Shakkour

Coping with Egypt's Soaring Prices: A Conversation with Struggling Citizens

Egypt’s foreign reserves jumped to $36.534 billion in September from $36.143 in August. (AFP/ File)
October 3rd, 2017 - 12:57 GMT

Egypt’s Foreign Reserves Up $391 Million in September: Central Bank

Sheikha Lubna Al Qasimi, UAE Minister of State for Tolerance, was voted the most powerful Arab woman in government in 2017. (Photo: Zayed University)
July 18th, 2017 - 07:00 GMT

UAE Women Most Powerful in Arab World, According to Forbes

US dollars. (File photo)
June 15th, 2017 - 09:29 GMT

Egypt's Central Bank Removes Limits on Foreign Currency Transfers

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