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Central Bank of Egypt

CBE initiatives for supporting economic sectors reviewed by Egyptian Cabinet

During the meeting, they also reviewed initiatives directed to support the country’s various economic sectors alongside CBE Deputy Governor Rami Abulnaga and a number of CBE officials

Interest rates unchanged during 5th MPC meeting: CBE

The CBE also noted that real GDP saw growth of 2.9 percent during the first quarter of 2021, up from 2 percent recorded in the fourth quarter of 2020

CBE was one of first supporters of entrepreneurship and innovation: Vice Gov.

The CBE said that the bank gives special priority to supporting entrepreneurship as well as micro, small, and medium enterprises (MSMEs), said Abulnaga

CBE and UAE’s central bank sign MoU to boost joint supervisory cooperation

The agreement includes mechanisms of data and information exchange between the two sides

Egypt’s consumer price inflation drops to 4.9% in May 2021

Urban consumer price inflation climbed to 4.8 percent in May YoY, up from 4.1 percent noted in April