Central Bank of Egypt

Currency exchange rate at CBE on Monday
Business

Currency exchange rate at CBE on Monday

The Foreign currency exchange rate on Monday at the Central Bank of Egypt: US dollar LE30.83 for purchase LE 30.93…
HSBC report expects significant rise in interest rates in Egypt
Business

HSBC report expects significant rise in interest rates in Egypt

A report issued by HSBC expects the Central Bank of Egypt to raise the interest rate by 3 percent at…
Egypt’s gold reserves rise to $7.773 billion in January: CBE
Business

Egypt’s gold reserves rise to $7.773 billion in January: CBE

Egypt’s reserves of gold rose, reaching a value of US$7.773 billion in January, from $7.326 billion in December 2022, the…
CBE expected to raise interest rates by up to 300 bps in March: Goldman Sachs
Business

CBE expected to raise interest rates by up to 300 bps in March: Goldman Sachs

Goldman Sachs expects the Central Bank of Egypt to raise interest rates by up to 300 basis points in its…
CBE raises maximum withdrawal limit via instaPay
Business

CBE raises maximum withdrawal limit via instaPay

The Central Bank of Egypt (CBE) raised the maximum limits through the instant payment network InstaPay and banks applications from…
Banks to open accounts for free till end of March in celebration of International Women’s Day
Business

Banks to open accounts for free till end of March in celebration of International Women’s Day

On the occasion of International Women’s Day, banks will open accounts for free starting next week.  The list of financial…
Egyptian nationality shall be granted to foreigners in return for minimum of $250,000
Egypt

Egyptian nationality shall be granted to foreigners in return for minimum of $250,000

The Official Gazette published, on Wednesday morning, the decision of Prime Minister Mostafa Madbouly, on granting the Egyptian nationality to…
US dollar price stabilizes in Egypt Friday
Economy

US dollar price stabilizes in Egypt Friday

The US dollar price stabilized, Friday, March 3, 2023, coinciding with the weekly bank holiday, and following a slight rise…
US dollar price stabilizes in Egypt on Tuesday
Economy

US dollar price stabilizes in Egypt on Tuesday

The US dollar price stabilized against the Egyptian pound in mid-trading, Tuesday, February 28, after a slight rise over the…
US dollar price in Egypt Thursday morning
Economy

US dollar price in Egypt Thursday morning

The US dollar price stabilized in Egypt at the beginning of trading on Thursday. The price of the dollar, Thursday,…
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