Business
Dollar Rates Stable at Start of Sunday’s Transactions in Egypt’s Major Banks
January 15, 2024
Dollar Rates Stable at Start of Sunday’s Transactions in Egypt’s Major Banks
The dollar exchange rate was stable at the start of Sunday’s transactions, 14/1/2024, at Egypt’s major banks. At the National…
Egypt, IMF agreement on new loan might be accompanied with Egyptian pound devaluation
January 12, 2024
Egypt, IMF agreement on new loan might be accompanied with Egyptian pound devaluation
Capital Economics, an independent economic research business based in the UK, noted that Egypt’s agreement with the International Monetary Fund…
Proceeds of new CDs exceeded LE 32 billion in 3 days
January 9, 2024
Proceeds of new CDs exceeded LE 32 billion in 3 days
A banking source revealed that the proceeds of the new certificates of deposits at the National Bank of Egypt and…
Expert explains Egyptian state’s economic plans up to 2030, including US dollar exchange rate
January 8, 2024
Expert explains Egyptian state’s economic plans up to 2030, including US dollar exchange rate
The assistant to the Prime Minister and Head of the Information and Decision Support Center at the Egyptian Cabinet (IDSC),…
Proceeds from 1st day of Egyptian banks issuing CDs at LE11 billion
January 7, 2024
Proceeds from 1st day of Egyptian banks issuing CDs at LE11 billion
The proceeds of the new certificates of deposits, offered by the National Bank of Egypt and Banque Misr on Friday…
Why have NBE and Banque Misr introduced new CDs?
January 6, 2024
Why have NBE and Banque Misr introduced new CDs?
Economist Ashraf Ghorab explained the reasons behind why the National Bank of Egypt, and Banque Misr are offering two certificates…
Central Bank yet to announce flotation of Egyptian pound: MP
January 4, 2024
Central Bank yet to announce flotation of Egyptian pound: MP
Senate member Ahmed Samir said that the Central Bank of Egypt (CBE) has not officially announced the flotation of the…
Iran to ditch using US dollar from trade and economic transactions
January 2, 2024
Iran to ditch using US dollar from trade and economic transactions
The Iranian Deputy Foreign Minister Ali Bagheri Kayani, has confirmed that Iran is planning to abolish the use of the…
Central Bank of Egypt to soon allow ATM withdrawls for InstaPay users
December 30, 2023
Central Bank of Egypt to soon allow ATM withdrawls for InstaPay users
The Deputy Assistant Governor of the Central Bank of Egypt (CBE) for Banking Operations and Payment Systems Ehab Nasr announced…
Central Bank postpones fee imposition on InstaPay indefinitely
December 29, 2023
Central Bank postpones fee imposition on InstaPay indefinitely
The Central Bank of Egypt (CBE) on Thursday moved decided to postpone the imposition of fees on the InstaPay application…