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During the period from 2014 to 2024, Egypt's total external debt doubled. The total external debt amounted to about US$165.4 billion by the end of the first quarter of 2023. The Central Bank of Egypt revealed that the value of Egypt's external debts due for repayment was equal to about US$29.229 billion during 2024. [8] [9]
Egypt's central bank raised its key interest rates by 100 basis points in an exceptional monetary policy committee meeting, it said in a statement on Monday. The central bank set its overnight ...
The Central Bank of Egypt (CBE; Arabic: البنك المركزي المصري) is the central bank and monetary authority of the Arab Republic of Egypt. Currency [ edit ]
An aerial photograph taken by a drone shows tents amidst the destruction caused by the Israeli air and ground offensive in Beit Lahiya, northern Gaza Strip, on Monday, Feb. 17, 2025.
July 18 – Egypt's Suez Canal reported a 23.4 percent drop in revenues attributed to disruptions in Red Sea shipping over the past year, marked by attacks from Yemen's Houthi militia on Israeli-linked vessels. [20] July 30 – Five people are killed and nine others are injured when a boat capsizes on the Nile River in Cairo. [21]
Hassan Abdullah (Arabic: حسن عبد الله; born August 1, 1960) is an Egyptian financier. He is the current governor of the Central Bank of Egypt. [1]He previously held the chief executive officer(CEO) position of the Arab African International Bank (AAIB), a regional financial services institution which was Egypt's first Arab multinational bank.
This is a list of banks in Egypt, based on registration with the Central Bank of Egypt as of 2024. [1] List of banks. Banque Misr, state-controlled;
The Central Bank of Egypt is the national reserve bank and controls and regulates the financial market and the Egyptian pound. There is a State regulatory authority for the Cairo Stock Exchange. State-owned or Nationalized banks still account for 85% of bank accounts in Egypt and around 60% of the total savings.