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Central Bank of Egypt

Egypt to host annual meetings of African Development Bank Group in 2023

Announced by Governor of the Central Bank of Egypt, Tarek Amer, the meetings will be held on 22-26 of May 2023 in Sharm El-Sheikh City

MPC maintains interest rates for 7th consecutive time in a row

According to Bloomberg, the decision leaves the North African nation with the highest inflation-adjusted interest rate of more than 50 economies

FinTech in non-banking financial activities: Benefits and challenges | Op-ed

As Egypt is moving towards adopting a unified national strategy for financial inclusion, there has been a need to define the legal framework, says Refaat

Egypt’s CBE governor rated as one of world’s top 10 central bank governors

The top 10 list includes central governors of Brazil, Bulgaria, Canada, Chile, China, Czech Republic, and European Union

Central Bank of Egypt maintains interest rates once again for 6-month streak

The decision keeps the overnight deposit rate at 8.25%, the overnight lending rate at 9.25%, and the rate of the main operation at 8.75%