Central Bank of Egypt (CBE)

CBE exemptions on fees expire by the end of December
Business

CBE exemptions on fees expire by the end of December

Thee Central Bank of Egypt’s (CBE) initiative cancelling fees on withdrawal and inquiry via ATM machines for non-customers will expire…
US dollar exchange rate continue to stabilize on Tuesday
Business

US dollar exchange rate continue to stabilize on Tuesday

On Tuesday, US dollar prices witnessed remarkable stability as it recorded LE15.64 for purchase and LE15.74 for sale at Banque…
US dollar exchange rate stable on Monday
Business

US dollar exchange rate stable on Monday

US dollar exchange rate was stable on Monday in several Egyptian banks. In Banque Misr and National Bank of Egypt,…
Egyptian expats remittances up by US$ 3.3 billion
Business

Egyptian expats remittances up by US$ 3.3 billion

The Central Bank of Egypt (CBE) has showed that remittances from Egyptians working abroad during the first 11 months of…
Egypt says moving steadily towards cashless economy
Business

Egypt says moving steadily towards cashless economy

The Egyptian Cabinet’s Information and Decision Support Center (IDSC) announced Sunday that Egypt has joined the list of countries whose…
Egypt says will release plastic money by early November
Business

Egypt says will release plastic money by early November

The Egyptian presidency announced Saturday that new polymer plastic banknotes will be released into circulation by early November. Its statement…
US dollar to Egyptian pound exchange rate remains stable on Tuesday
Business

US dollar to Egyptian pound exchange rate remains stable on Tuesday

US dollar to Egyptian pound exchange rates remained stable on Tuesday at the Central Bank of Egypt, recording LE15.64 for…
Central Bank of Egypt stresses all banknote denominations remain valid
Egypt

Central Bank of Egypt stresses all banknote denominations remain valid

The Central Bank of Egypt (CBE) confirmed the validity of any and all banknote denominations without exception, in response to…
CBE: Egypt’s tourism revenues fell by 67.4% in 2020-2021
Business

CBE: Egypt’s tourism revenues fell by 67.4% in 2020-2021

The Central Bank of Egypt (CBE) announced that Egypt’s revenues from tourism in the first nine months of the 2020-2021…
Tik Tok star Mawada Eladham received funding from abroad: investigations
Egypt

Tik Tok star Mawada Eladham received funding from abroad: investigations

Tik Tok star Mawad Eladham reportedly received funds from multiple sources abroad up to LE2.4 million through various bank accounts,…
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