Bank deposits rise to LE11.67 trillion in April
Bank deposits rose by LE1.51 trillion to LE11.67 trillion in April 2024, against LE10.16 trillion in December 2023, according to...
Editor-in-Chief
Mohamed Fahmy
Board Chairman
Tarek Lotfy
MPC keeps rates unchanged on easing inflation
Analysis by Ahmed Kamel The Central Bank of Egypt (CBE) has kept overnight interest rates steady in the wake of...
Non-bank mortgage finances jump 172.5% in H1
Non-bank mortgage finances leaped by 172.5 per cent to LE11.69 billion in the first half (H1) of 2024, up from...
FRA report: 4-month leasing falls 9.8% to LE33.2b
Leasing fell by 9.8 per cent, year-on-year, to LE33.23 billion between January and April 2024, down from LE36.34 billion in...
CBE withdraws liquidity worth LE1.249 trillion to combat inflation
The Central Bank of Egypt (CBE) withdrew, in an open market tender last week, liquidity worth LE1.249 trillion from 29...
Improved business climate lifts factoring by 16% in Q1
Factoring rose by 16 per cent to LE12.4 billion in the first quarter (Q1) in 2024, up from LE10.7 billion...
Bank deposits rise to LE11.53 trillion in March
Bank deposits rose to LE11.53 trillion in March 2024, up from LE10.16 trillion in December 2023, according to data...
RTGS payment settlements top LE130.5 trillion in H1
Egypt’s interbank payments in the local currency via real time gross settlement (RTGS) system totalled LE130.58 trillion in the first...
CBE banks on liquidity withdrawal to tame inflation
The Central Bank of Egypt (CBE) withdrew, in an open market tender last week, liquidity worth LE1.082 trillion from local...
New legislative framework for boosting economic growth
Under leadership of President El Sisi, parliament has passed a number of key laws to enhance business climate. Policymakers have...
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The Egyptian Gazette is the oldest English-language daily newspaper in the Middle East.
It was first published on January 26, 1880 and it is part of El Tahrir Printing and Publishing House.