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Egypt, China central banks sign pacts to boost yuan use, payment systems
One of the agreements was signed between Suez Canal Bank, TEDA China-Africa Investment Co., and CIPS Co. Ltd., the operator ...
China, Egypt sign MoU to boost financial ties, promote local currency settlement
China and Egypt signed a memorandum of understanding (MoU) on Thursday to enhance bilateral financial collaboration, promoting local currency settlement, central bank digital currency, and digital ...
Egypt Halts Rate Cuts, With Caution Outranking Slower Inflation
Egypt left interest rates on hold, snapping two rounds of monetary easing, as caution about tensions in the region and the ...
Egypt's net foreign assets rise in May to $14.7 billion
Egypt's net foreign assets rose by $1.2 billion to $14.7 billion in May, central bank data showed on Monday, approaching ...
Egypt's Core Inflation at 11.4% Y/y in June, Down From 13.1% in May
CAIRO (Reuters) -Egypt's core inflation was 11.4% on an annual basis in June, down from 13.1% in May, the central bank said ...
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Egypt, China ink 3 financial cooperation agreements
Hassan Abdalla, the governor of the Central Bank of Egypt (CBE), and Pan Gongsheng, the governor of the People's Bank of ...