CBE
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Government
Egypt’s Annual Inflation Headline Declines : Statement
Sunday, 10 January 2021
Egypt’s annual inflation headline declines to its lowest since October reaching 5.4 % in December, down from 5.7% in November, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced on January 10
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Business
Egyptian Expats’ Remittances Rise 19.6% From July to September: CBE
Wednesday, 9 December 2020
The Central Bank of Egypt (CBE) has uncovered that remittances sent home by Egyptian expats inched up by 19.6% YoY, or USD 1.3 bn (EGP 20.4 bn), during the first quarter of FY 2020/21.
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Investment
Foreign Reserves Hit USD 39.2 bn by November-End: CBE
Monday, 7 December 2020
The Central Bank of Egypt (CBE) has announced that the country's net international reserves edged up to USD 39.2 bn by the end of November, marking a slight increase of USD 1.8 mn compared with October figures.
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Government Investment
Egypt’s Stock Market Resumes Trading on CIB Shares
Monday, 26 October 2020
Egypt’s Stock Exchange has resumed trading Commercial International Bank (CIB) shares on October 25 after suspending it on October 23 at the request of the Financial Regulatory Authority (FRA)
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Government
Egypt’s Foreign Reserves Increase to USD 38.43 bn
Wednesday, 7 October 2020
Egypt's foreign reserves have increased to USD 38.425 bn at the end of September 2020 from USD 38.366 bn at the end of August, the Central Bank of Egypt (CBE) announced on October 7.
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Investment
CBE Attracts More Than EGP 21 bn From T-Bills
Tuesday, 22 September 2020
The Central Bank of Egypt (CBE) has successfully secured more than EGP 21 bn in investments from the EGP treasury bills (T-Bills).
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Investment
Egypt’s Economy Remain Steady in Emerging Markets: Goldman Sachs
Tuesday, 22 September 2020
A recent Goldman Sachs report reveals around half of the foreign investments that exited the Egyptian market amid the onset of the COVID-19 crisis has returned, with further inflows projected.
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Government
SHMFF Agrees to Offer 125,000 Housing Units Across Egypt
Thursday, 17 September 2020
The Board of Directors of the Social Housing and Mortgage Finance Fund (SHMFF) has approved the offering of 125,000 residential units (100,000 social housing and 25,000 middle-income housing units), as part of phase I of President Abdel-Fattah El-Sisi's initiative to provide homes for all citizens.
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Developers
CED, Suez Canal Bank Partner to Ease Mortgage Lending in Egypt
Thursday, 13 August 2020
City Edge Developments (CED) has signed a cooperation protocol with Suez Canal Bank to offer more diverse mortgage finance products, in line with the Central Bank of Egypt's (CBE) initiative to boost the field of real estate lending in Egypt.
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Government
Annual Headline Inflation Down to 4.6% in July: CBE
Tuesday, 11 August 2020
The Central Bank of Egypt (CBE) has reported a decline in the country's annual headline inflation to 4.6% in July - the lowest since November, compared to 5.6% last June and 7.8% in the same month a year earlier.
Latest News
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Upper Egypt Development Reaches EGP 83 bn in 7 Years
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Emaar Misr Signs Contract to Develop Cairo Gate
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Concord Expands with New Branch in New Cairo
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Stock | Price | Change % | Volume |
EHDR | 0.69 | 2.14% | 5,537,740 |
RREI | 0.94 | -5.73% | 3,336,368 |
DAPH | 14.60 | 0.95% | 24,430 |
ELKA | 19.00 | -3.11% | 7,950 |
AREH | 15.53 | 7.53% | 7,225,333 |
Last Modified April 7, 2021