News

The Commercial Bank of Ethiopia (CBE) has rubbished reports that over 7 billion birr ($56million) has been looted and ...
The Commercial Bank of Ethiopia (CBE) has reported what it described as an "attempted theft of a large amount of money," rejecting media claims that over 7 billion birr had been stolen from its ...
CBE lost over six billion birr within hours due to fraudulence which the authorities said was due to a “system failure”.
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) announced today a one percent (100 basis point) ...
The Central Bank of Egypt (CBE) decided on Thursday to cut overnight deposit rate, overnight lending rate, and the rate of ...
Monetary Policy Committee (MPC) will hold its third scheduled meeting of 2025 on Thursday to decide on key interest ...
The Central Bank of Egypt (CBE), in coordination with the Ministry of Finance, is offering 75 billion Egyptian pounds in ...
Cairo: Egypt s central bank on Thursday cut interest rates for the second time since April as inflationary pressures have eased in the Arab world s ...
The National Bank of Egypt (NBE) and Banque Misr announced interest rate cuts of 1% on their Egyptian pound-denominated ...
In a statement on Tuesday, the CBE said that virtual currencies are not issued by the Central Bank or any official authority, so they are not considered legal tender. The CBE warned that the ...
Egypt - Nigel Clarke, Deputy Managing Director of the International Monetary Fund (IMF), stated that the Central Bank of ...