CBE: Domestic liquidity rises 25.5% to LE10.352 trillion
Domestic liquidity rose by LE2103.9 billion, or 25.5 per cent, between July 2023 and May 2024, to hit LE10.352 trillion ...
Tag: Central Bank of Egypt (CBE)
CBE: Banks’ financial position tops LE18.73 trillion
The aggregate financial position of Egyptian banks rose to LE18.73 trillion in May 2024, compared to LE14.2 trillion in December ...
Growing financial inclusion lifts e-wallets above 42m
The number of e-wallets rose to 42.14 million in March 2024, while the number of transactions jumped to 138 million ...
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 ...
Egyptian pound stabilizes versus US dollar
The US dollar stabilized versus the Egyptian pound yesterday at LE48.74 buying and LE48.84 for selling. The green back has ...
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 ...
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 ...
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.