Tag: CBE

Kuwait extends $2 billion deposit to Egypt through 2025

December 5, 2024

On December 3, the Central Bank of Egypt (CBE) announced that Kuwait has agreed to extend a $2 billion deposit for an additional year. Originally ... Read More

Egypt’s central bank hires Barclays Bank to advise on sale of stakes in United Bank

May 19, 2023

The Central Bank of Egypt (CBE) has handpicked Barclays Bank as an international sell-side advisor for the sale of its 99% stake in the state-owned ... Read More

Egypt’s central bank gets around $5.2bn from local banks to address growing economic pressures

August 17, 2022

The Central Bank of Egypt, (CBE) collected around $5.2 billion (EGP 100 billion from local banks in the weekly open market operations (OMO) as the ... Read More

Egypt’s Central Bank:The Country’s Economy’s “Sluggish”

January 21, 2014

Egypt’s gross domestic product (GDP) growth rate continued to slow down in the first quarter of the 2013/2014 fiscal year to reach slightly more than ... Read More

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