CBE

Will the US dollar price exceed LE20 after CBE’s decision to raise interest rates?
Business

Will the US dollar price exceed LE20 after CBE’s decision to raise interest rates?

After the decision of the Central Bank of Egypt’s Monetary Policy Committee on Thursday to raise interest rates, experts expect…
CBE includes doctors in initiative to finance small enterprises
Egypt

CBE includes doctors in initiative to finance small enterprises

  The Central Bank of Egypt (CBE) announced, on Tuesday, a decision to include doctors in the small enterprises finance…
CBE launches national system for instant payments, InstaPay app
Business

CBE launches national system for instant payments, InstaPay app

The Central Bank of Egypt announced the official launch of the national system for the instant payments network and the…
CBE keeps key interest rates unchanged
Business

CBE keeps key interest rates unchanged

The Monetary Policy Committee of the Central Bank of Egypt (CBE) announced at its meeting on Thursday, February 3, 2022…
US Dollar in Egypt maintains stable exchange rate on Tuesday
Business

US Dollar in Egypt maintains stable exchange rate on Tuesday

On Tuesday, the US dollar prices stabilized remarkably against the Egyptian pound, in the Banque Misr, the National Bank of…
Egyptian bonds amongst the most attractive globally: Bloomberg
Business

Egyptian bonds amongst the most attractive globally: Bloomberg

A report published by Bloomberg said that the companies “PineBridge Investments” and “Renaissance Capital” anticipates the Egyptian market to continue…
US dollar, Arab currencies exchange rates vary on Wednesday in Egypt
Business

US dollar, Arab currencies exchange rates vary on Wednesday in Egypt

The US dollar and Arab currencies’ exchange rates varied on Wednesday morning against the Egyptian pound, according to the official…
CBE confirms daily maximum limit for cash withdrawal or deposit at ATMs
Business

CBE confirms daily maximum limit for cash withdrawal or deposit at ATMs

The Central Bank of Egypt (CBE) has set a daily maximum limit for cash withdrawals or deposits at ATM machines,…
Egypt’s current account deficit reaches US$7.6 bn in December 2020: CBE
Economy

Egypt’s current account deficit reaches US$7.6 bn in December 2020: CBE

Egypt’s current account deficit rose to US$7.6 billion from July to December 2020 from $4.6 billion a year ago, the…
Egypt’s foreign reserves continue to recover, rise to $US40.1007 bn in January: CBE
Business

Egypt’s foreign reserves continue to recover, rise to $US40.1007 bn in January: CBE

The Central Bank of Egypt announced, on Wednesday, that its net foreign reserves increased to US$40.1007 billion at the end…
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