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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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Al Bawaba
March 24th, 2015 - 07:23 GMT

Egypt's overall balance of payment widens

Al Bawaba
January 9th, 2015 - 11:34 GMT

Egypt’s inflation jumps to 9.8% in December

Al Bawaba
December 23rd, 2014 - 07:57 GMT

Egypt subscribes to climate control! Poised to sign a 70M Euro agreement for pollution reduction

Earlier in October, Governor of the CBE Hisham Ramez announced the payment of $500m to Qatar.
December 9th, 2014 - 04:55 GMT

Repaying Qatar brings down Egypt's reserves by $1.1 billion in one month

Suez Canal investment certificate yields will be paid to certificate-holders from annual revenues, after one year of drilling the canal, Governor of Central Bank of Egypt Hisham Ramez announced Friday.
August 17th, 2014 - 06:35 GMT

Luring investors: Suez Canal 'investment certificate' to guarantee 12% yield

Al Bawaba
August 11th, 2014 - 11:13 GMT

Robin Hood style? Long Live Egypt Fund to accept donations from Mubarak-era convicted businessmen

Al Bawaba
July 22nd, 2014 - 03:55 GMT

Perhaps setting a minimum is more pressing? Egypt sets 'maximum wage'

Al Bawaba
July 8th, 2014 - 03:55 GMT

The epitome of over-dependence: Egypt’s reserves fall $600 million due to suspension of Gulf aid

Al Bawaba
June 3rd, 2014 - 04:37 GMT

The result of a 'muddle through' fiscal strategy'? Egypt's deficit projected to remain in double digits

The bank should leave the currency floating and expose it to the market’s supply and demand, Younes said.
May 26th, 2014 - 10:26 GMT

Great news? Egyptian pound continues to depreciate

The interim government’s stimulus plan, which was said to span between six to nine months starting from late August 2013, amounts to EGP 29.6bn and aimed at generating 3% economic growth over the fiscal year 2013/2014.
May 12th, 2014 - 02:55 GMT

Ready to be stimulated: Egypt's first stimulus package projects 'almost done'

Dimian noted that the annual meeting between Egypt and the IMF will be scheduled after the presidential elections, slated to take place in May.
April 17th, 2014 - 02:55 GMT

Third time's a charm? Egypt gives stimulating economy with UAE money another shot

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