Central Bank of Egypt (CBE)
CBE extends exemptions on fees and commissions due to coronavirus surge
Business
December 29, 2020
CBE extends exemptions on fees and commissions due to coronavirus surge
The Central Bank of Egypt’s Board of Directors on Monday has chosen to extend several decisions taken to confront repercussions…
US Dollar to Egyptian Pound exchange rates witness slight increase
Business
December 13, 2020
US Dollar to Egyptian Pound exchange rates witness slight increase
The US dollar to Egyptian pound exchange rate on Sunday slightly increased for purchase and sale rates, recording LE15.6 for…
Egypt’s law undergoing complete reformation, says CBE official
Egypt
November 24, 2020
Egypt’s law undergoing complete reformation, says CBE official
Egypt’s law is going through a process of complete overhaul, the legal advisor to the Central Bank of Egypt Tamer…
Egypt anticipates US$1.6 billion from IMF within weeks
Egypt
November 21, 2020
Egypt anticipates US$1.6 billion from IMF within weeks
An International Monetary Fund (IMF) team led by Uma Ramakrishnan held a virtual meeting session with Egyptian officials from November…
Egypt’s ATM withdrawl fees will continue to be suspended until December 31: CBE
Business
September 16, 2020
Egypt’s ATM withdrawl fees will continue to be suspended until December 31: CBE
The Deputy Governor of the Central Bank of Egypt, Rami Abu al-Naja, announced Tuesday that fees and commissions on cash withdrawals…
Parliament member urges govt to implement CBE initiative to help tourism sector recovery
Travel
September 13, 2020
Parliament member urges govt to implement CBE initiative to help tourism sector recovery
Parliament member Mohammed Hany al-Henawy on Sunday urged Prime Minister Mostafa Madbouly and Minister of Tourism and Antiquities Khalid Anany…
Egypt’s foreign reserves up to US$38.366 billion in August: CBE
Business
September 8, 2020
Egypt’s foreign reserves up to US$38.366 billion in August: CBE
Egypt’s foreign reserves hit US$38.366 billion in August, an increase of $51 million from July, a Monday statement by the…
Central Bank of Egypt extends working hours starting September 1st
Business
August 26, 2020
Central Bank of Egypt extends working hours starting September 1st
The Central Bank of Egypt (CBE) has extended its staff working hours from eight am to four pm starting September…
US dollar to Egyptian pound exchange rates fall by 3 piasters
Business
August 24, 2020
US dollar to Egyptian pound exchange rates fall by 3 piasters
US dollar to Egyptian pound exchange rates fell by an average of three piasters on Monday at the Central Bank…
Egypt’s net foreign reserves edge up to US$38.31 bn in July – Central Bank
Economy
August 6, 2020
Egypt’s net foreign reserves edge up to US$38.31 bn in July – Central Bank
CAIRO, Aug 6 (Reuters) — Egypt’s net foreign reserves rose slightly to US$38.315 billion in July from $38.202 billion in…