As of the third quarter of 2024, the banking sector has shown significant strength. The capital adequacy ratio stood at a ...

Financial safety indicators have demonstrated the resilience and strength of the banking sector as one of the pillars upon ...

The average monthly inflation rate slid to 0.9 percent by the end of last year from 1.3 percent in the corresponding period ...

Egypt's central bank kept its overnight interest rates unchanged on Thursday, as expected, saying that while inflation was set to decelerate sharply in early 2025 it nonetheless remained high.

The Central Bank of Egypt (CBE) announced Monday that all banks in Egypt will be closed on Tuesday on the occasion of the ...

Egypt's annual headline inflation rate decreased to 23.4 per cent in December, down from 25 per cent in November, with the expectation that the worst impact of recent price hikes for fuel, electricity ...

CAIRO (Reuters) - Egypt's central bank kept its overnight interest rates unchanged on Thursday, as expected, saying that while inflation was set to decelerate sharply in early 2025 it nonetheless ...

The Central Bank of Egypt (CBE) announced on Thursday the launching of the Cairo Overnight Index Average benchmark (CONIA), which was developed by the Egyptian Money Market Contact Group.

Egypt has secured the first installment of a EUR1 billion (EGP billion 52) financial package from the European Union (EU).

Image: Shutterstock The Central Bank of Egypt (CBE) announced the launch of tokenisation of payment cards on mobile applications, in line with its efforts to promote the adoption of e-payments in the ...

Egypt’s central bank kept its overnight interest rates unchanged on Thursday, as expected, saying that while inflation was set to decelerate sharply in early 2025 it nonetheless remained high.