Tag: CBE

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