News

Egypt's current account deficit narrowed to $2.1 billion in January to March 2025 from $7.5 billion in the same period a year ...
CAIRO (Reuters) -Egypt's central bank kept key interest rates unchanged on Thursday, pausing a trend of rate reductions despite inflation rates easing. The bank’s monetary policy committee held the ...
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), headed Egypt's delegation at the third G20 Finance Ministers and ...
Governor Hassan Abdalla met on Tuesday with his Nigerian counterpart Olayemi Cardoso to discuss expanding bilateral cooperation in banking and financial services, the CBE said in a statement.Talks at ...
The Board of Directors of Credit Agricole Egypt approved the Bank’s results for the period ending June 30, 2025, at its meeting held on Tuesday, July 29, 2025 ...
The Central Bank of Egypt’s approval signifies a broader push towards digital transformation within the country’s financial sector, according to the announcement.
CAIRO (Reuters) - Egypt's central bank as expected left its overnight interest rates on hold on Thursday, saying inflation pressures had subsided but that economic growth had softened. The lending ...
Egypt's central bank has been working to reduce inflation, which has trended downwards from a peak of 38% in September 2023. Annual headline inflation stood at 13.9% in April, just up from 13.6% ...
The central bank has been tightening money supply since signing its agreement last year with the IMF, officials and bankers say. M2 growth fell to an annual 25.8% to the end of April from a recent ...
Egypt’s central bank governor, Tarek Amer, unpegged the pound from the dollar in November, leading to a sharp devaluation and paving the way for a much-needed $12 billion IMF loan. The exchange rate ...
Under the leadership of Hassan Abdalla, the Central Bank of Egypt (CBE) has undertaken ambitious reforms aimed at integrating marginalised groups into the formal economy. The CBE’s financial inclusion ...