banks
US dollar stabilizes against Egyptian pound exchange rates
Business
June 22, 2020
US dollar stabilizes against Egyptian pound exchange rates
The US dollar maintained its prices against the Egyptian pound’s exchange rates on Monday, recording LE16.11 for purchase and LE16.24…
African American banks pivotal as ever for minorities in US
World
June 7, 2020
African American banks pivotal as ever for minorities in US
When she needed capital to expand her business, Ernisha Randolph was just one of countless African Americans to encounter roadblocks…
Lebanon central bank to give dollars for food imports, defend currency
Middle East
May 21, 2020
Lebanon central bank to give dollars for food imports, defend currency
BEIRUT (Reuters) – Lebanon’s central bank will start providing dollars for food imports as part of “necessary measures” to defend…
Lebanon banks reject rescue plan as government asks IMF for help
Middle East
May 2, 2020
Lebanon banks reject rescue plan as government asks IMF for help
BEIRUT/LONDON (Reuters) – An economic rescue plan that will form the basis of Lebanon’s talks with the International Monetary Fund…
Lebanon bank attacked with explosive amid economic crisis
Middle East
April 26, 2020
Lebanon bank attacked with explosive amid economic crisis
Assailants lobbed an explosive device at a bank in Lebanon Saturday, in the latest attack on financial institutions in a…
CBE suspends work for Resurrection Sunday and Sham al-Nassim
Health & Fitness
April 15, 2020
CBE suspends work for Resurrection Sunday and Sham al-Nassim
The Central Bank of Egypt (CBE) has suspended work across all its banks for April 19 and April 20 due…
Egypt postpones Banque du Caire stake sale due to coronavirus: chairman
Egypt
April 12, 2020
Egypt postpones Banque du Caire stake sale due to coronavirus: chairman
CAIRO (Reuters) – Egypt has postponed its plans to sell a minority stake in state-owned Banque du Caire (BQDC.CA) in…
Central Bank of Egypt expands base of beneficiaries for LE100 bn stimulus initiative
Business
April 6, 2020
Central Bank of Egypt expands base of beneficiaries for LE100 bn stimulus initiative
The Central Bank of Egypt (CBE) on Sunday decided to expand the base of beneficiaries for its LE100 billion stimulus…
CBE sets limits for cash transactions to counter coronavirus spread
Economy
March 29, 2020
CBE sets limits for cash transactions to counter coronavirus spread
The Central Bank of Egypt (CBE) on Sunday set maximum limits for cash deposits and withdrawals as part of precautionary…
CBE launches electronic payment initiative to curb coronavirus
Economy
March 22, 2020
CBE launches electronic payment initiative to curb coronavirus
The Central Bank of Egypt (CBE) on Saturday launched a new initiative to encourage citizens to expand using electronic payment…