Central Bank of Egypt (CBE)

Governor of Egypt’s Central Bank receives African Development Bank Award
Business

Governor of Egypt’s Central Bank receives African Development Bank Award

Governor of the Central Bank of Egypt (CBE) Tarek Amer received the African Development Bank Award on Tuesday, after being…
CBE denies issuance of LE500 banknote
Egypt

CBE denies issuance of LE500 banknote

The Egyptian Cabinet’s media center denied rumors on social media that the Central Bank of Egypt (CBE) issued LE500 and…
US dollar prices record decline in Egypt on Thursday
Business

US dollar prices record decline in Egypt on Thursday

The US dollar exchange rates declined against the Egyptian pound on Tuesday in several banks. The dollar prices have decreased…
CBE to ban issuance of cryptocurrency without licenses
Business

CBE to ban issuance of cryptocurrency without licenses

The new banking law for the Central Bank of Egypt (CBE) bans creating, promoting or operating platforms for issuing or…
US dollar prices in Egypt continue decline on Sunday: CBE
Business

US dollar prices in Egypt continue decline on Sunday: CBE

US dollar prices continued their decline in several banks in Egypt on Sunday, according to price updates issued by the…
US Dollar prices witness drop against Egyptian Pound: CBE
Business

US Dollar prices witness drop against Egyptian Pound: CBE

Central Bank of Egypt (CBE) stated on Thursday that the US dollar rates dropped to LE16.83 for purchase and LE16.93…
US dollar maintains stable rates against Egyptian pound 
Business

US dollar maintains stable rates against Egyptian pound 

The US dollar maintained stable rates against the Egyptian pound on Sunday morning, with an average exchange rate of LE17.…
Central Bank of Egypt to increase capital to LE20 bn
Business

Central Bank of Egypt to increase capital to LE20 bn

The Central Bank of Egypt (CBE) will raise its capital to LE20 billion following the adoption of the new bill…
Egypt injects LE70 million for facing illegal immigration
Business

Egypt injects LE70 million for facing illegal immigration

A delegate of the Medium, Small, and Micro Enterprises Development Authority (MSMEDA) said on Wednesday that the government injected LE70…
US Dollar exchange rate in Egypt declines further
Business

US Dollar exchange rate in Egypt declines further

US dollar prices slightly declined against the Egyptian pound in several banks on Sunday. According to the last update prices…
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