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Arab Finance: The Central Bank of Egypt (CBE) is issuing treasury bills (T-bills) worth EGP 90 billion on Sunday, February ...
A prior pilot capped transactions at EGP 600. The rollout aims to reduce hardware costs and bring more small businesses into ...
Arab Finance: The Central Bank of Egypt (CBE) has launched a contactless electronic payment acceptance service through smart ...
The Central Bank of Egypt (CBE) has announced the launch of a new contactless electronic payment service that allows vendors to accept card payments directly through their smartphones or tab ...
Arabian Gulf Business Insight on MSN

Central bank says Egypt repaid $39bn external debt

Egypt has paid close to $39 billion in external debt service in fiscal year 2024-25, according to the central bank report. Cairo paid $7.9 billion in the first quarter, $13 billion in the second ...
CAIRO (Reuters) -The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate reductions following a stubborn increase in inflation ...
Financial inclusion is easy to preach, but harder to make progress on. What Egypt has managed to do over the last few years is remarkable. As the Central Bank of Egypt’s (CBE) 2022-25 Financial ...
Arabian Gulf Business Insight on MSN

Egypt’s gold reserves jump by three-quarters in 2025

The value of gold reserves at Egypt’s central bank reportedly surged by almost three-quarters to $18.2 billion in 2025. The central bank added 79,600 ounces of gold last year, using the yellow metal ...
CAIRO, Sept 29 (Reuters) - The Central Bank of Egypt is expected to lower its overnight interest rates by 100 basis points on Thursday as inflation continues to abate, a Reuters poll showed. The ...
CAIRO, Sept 22 (Reuters) - Egypt's central bank is expected to leave its main interest rates unchanged at a meeting on Thursday, with a desire to attract foreign funds outweighing the decline in ...