Upon a decision by Prime Minister Moustafa Madbouli, a representative of the Central Bank of Egypt will join the members of two ministerial committees formed on investment dispute settlement, a source at the bank said Thursday. CBE governor Tarek Amer...اقرأ المزيد
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided Thursday, June 25, to keep interest rates unchanged for the third meeting in row. The overnight deposit rate, overnight lending rate, and the rate of the main operation were...اقرأ المزيد
Minister of Agriculture and Land Reclamation Al-Sayed al-Qusair stated Sunday that the World Organization for Animal Health (OIE) approved putting Egypt on a list of countries having facilities free of bird flu. The minister clarified that the organization’s...اقرأ المزيد
General Manager of Centamin Egypt Youssef al-Raghy told Egypt Today that the size of target production of Sokary Gold Mine in 2020 is 510,000 -540,000 ounces with investments worth $630-$680 per ounce and $870-$920 per sold ounce. Raghy stated that unnecessary...اقرأ المزيد
Minister of Industry and Trade Nevine Gamea stated that 1,008 factories requested permits to introduce a third shift in order to be able to deliver the orders they had received in light of the reduction in the number of workers in each shift as a protective...اقرأ المزيد
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided Thursday, April 2, to keep overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 9.25 percent, 10.25 percent, and 9.75 percent, respectively. Upon...اقرأ المزيد
In the midst of anticipation and trends for monetary easing to confront the spread of coronavirus (COVID-19), the Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is going to meet on April 2, but will it slash the rates again after the...اقرأ المزيد
Egypt’s balance of Payment (BOP) recorded a surplus of $410.9 million in the first half of fiscal year 2019/2020, compared to a deficit of $1.8 billion in the same period a year earlier, according to the Central Bank of Egypt (CBE). CBE clarified Monday...اقرأ المزيد
President Abdel Fatah al-Sisi held two meetings on Sunday to ensure the reinforcement of the social safety network amid the protective measures taken against coronavirus. The president met with Governor of the Central Bank of Egypt (CBE) Tarek Amerto...اقرأ المزيد
The Central Bank of Egypt denied reports circulated on social media about issuing precautionary measures for in Egypt against the coronavirus. Any instructions, to be issued in this score, will be announced officially, CBE said in a statement on Saturday. The...اقرأ المزيد
