Friday 20 backend.Sep

central bank

PM: Decree to form Economic Ministerial Group
2024/07/14

PM: Decree to form Economic Ministerial Group

Prime Minister Dr. Moustafa Madbouli issued a decree establishing the economic ministerial group and defining its responsibilities

Experts: Central Bank unlikely to lower rates at upcoming meeting
2024/07/10

Experts: Central Bank unlikely to lower rates at upcoming meeting

Experts and bankers rule out a decision by the Monetary Policy Committee of the Central Bank of Egypt to lower the interest rate at its...

Egypt's foreign reserves hit record high of $46.4 billion
2024/07/07

Egypt's foreign reserves hit record high of $46.4 billion

The Central Bank of Egypt (CBE) announced today, Sunday, that its foreign reserves rose by $260 million to reach $46.4 billion at the end of...

Central Bank rate cut predicted by Experts: 3% reduction by year-end
2024/06/04

Central Bank rate cut predicted by Experts: 3% reduction by year-end

Experts and bankers had expected that the Monetary Policy Committee of the Central Bank of Egypt would take a decision to reduce interest rates by...

Egypt's Central Bank hits record high with foreign reserves
2024/06/04

Egypt's Central Bank hits record high with foreign reserves

Egypt's Central Bank has recorded the highest level of foreign reserves in the country's history. On Tuesday, the bank announced that its foreign exchange reserves...

High-Level Saudi business delegation visits New Administrative Capital
2024/05/13

High-Level Saudi business delegation visits New Administrative Capital

Eighty leading Saudi businessmen and investors, on a high-level visit to the new administrative capital, met with Engineer Khaled Abbas, Chairman of the Administrative Capital...