Central Bank of Egypt considers raising banks’ reserve requirement
The Central Bank of Egypt (CBE) studies raising the reserve requirement for…
Egypt leads African smartphone decline
Smartphone shipments in Africa declined 16.2% year-on-year in Q4 2022, marking a…
Egypt announces massive benefits in EGP flotation
The flotation of the Egyptian pound since December under the new Extended…
Egypt’s currency slides to record low after new FX regime unveiled
Egypt's currency slid by more than 14% to a record low against…
Egypt’s currency seen falling faster than previous projections
Egypt's currency will weaken at a steeper pace than expected, although inflation…
Egypt denies adopting Russian ruble in tourism sector
An adviser to the Central Bank of Egypt (CBE) has denied issuing…