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FRA sets up committee of NBFs to participate in CBE’s initiative to rehabilitate financially troubled clients
FRA to bring NBFS firms on board with CBE corporate debt forgiveness initiative: The Financial Regulatory Authority (FRA) is forming…
Against analyst expectations, Central Bank of Egypt keeps rates on hold
CBE leaves rates on hold: The Central Bank of Egypt’s Monetary Policy Committee (MPC) left interest rates unchanged when it…
CBE forms new monetary policy committee
RATE WATCH- Meet your new interest rate overlords: The Central Bank of Egypt (CBE) has formed its new Monetary Policy…
Egypt inflation nearly doubles to 7.1% in December
Inflation nearly doubles m-o-m to 7.1% in December: Annual urban inflation jumped to 7.1% in December, up from 3.6% in…
Egypt’s foreign reserves up in December, foreign holdings of Egyptian treasuries up in November
Egypt’s foreign reserves increased marginally to USD 45.42 bn at the end of December, compared to around USD 45.354 bn…
New central bank board paves way for MPC meeting on 16 January 2020
RATE WATCH- Formation of new central bank board paves the way for monetary policy meeting a week from tomorrow: President…
What we’re tracking on 31 December 2019
It’s officially the last day of the year (and, depending on how you squint, the decade) that refused to go…
Central Bank of Egypt approves Misr Iran Bank’s rebranding as MIDBank
The Central Bank of Egypt has approved a request from Misr Iran Development Bank to rebrand as MIDBank, an unnamed…
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