Egypt’s central bank (CBE) has on Thursday kept its key interest rates unchanged for the third time in a row. The central bank’s Monetary Policy Committee (MPC) has maintained its …
The National Bank of Ethiopia (NBE) is deliberating on taking bankers’ non-performing loans (NPL) in Tigray off the banks’ balance sheets. The bank is working with the Ethiopian Bankers Association …
The Central Bank of Egypt (CBE) on Thursday canceled the maximum limits for deposit operations for individuals and companies in bank branches and automated teller machines (ATMs). The CBE also …
The Monetary Policy Committee (MPC) decided, Thursday to keep the Central Bank of Egypt’s (CBE) interest rates unchanged for the second time in a row during the first meeting led …
President Abdel Fatah El-Sisi issued Thursday a republican decree appointing Hassan Abdullah former Vice Chairman & Managing Director of the Arab African International Bank, as acting governor of the Central …
The Central Bank of Egypt (CBE) collected EGP 100 billion from local banks in the weekly open market operations (OMO) auction at a fixed rate of 11.75%, according to data published on …
Egypt’s tourism revenues increased by $5.1 billion during the first nine months of the last fiscal year 2021/2022, on an annual basis, despite the negative effects of the absence of …