Domestic liquidity hits LE10.09 trillion in April
Domestic liquidity rose by LE109 billion to LE10.09 trillion in April 2024, up from LE9.98 trillion in a month earlier, ...
Tag: Central Bank of Egypt (CBE)
Carbon certificates: Egypt’s new financial asset class
The Financial Regulatory Authority (FRA) has finalised a legislative and executive framework for Egypt’s first carbon trading market. The government ...
Why net foreign reserves matter
CBE’s net international reserves hit 4-year high Egypt’s net foreign exchange reserves hit a four-year high at $41.057 billion in ...
Consumer financing jumps 58.8% to LE47.27b in 2023
Egypt’s consumer financing leaped by 58.8 per cent, year-on-year, to LE47.27 billion in 2023, up from LE29.76 billion a year ...
CBE’s gold balances hit $8.323b in February
Gold balances in Egypt’s foreign reserves stood at $8.323 billion in February, compared to $8.337 billion in January, according to ...
FDI inflows hit 15-year high in 2023
Egypt’s government has been boosting the business climate by accelerating the pace of digital transformation for facilitating investment licenses and ...
Foreign holdings of T-bills rise to LE389.6b
Bank deposits hit LE9.88 trillion on high rates Foreign holdings of treasury bills rose to LE389.67 trillion in November 2023, ...
CBE hosts 26th meeting of COMESA central banks’ governors
The Central Bank of Egypt (CBE) hosted the 26th meeting of the committee of central banks’ governors of the Common ...
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.