Central Bank of Egypt (CBE)

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…
Egypt’s foreign currency reserves increase to US$44.218 bn: CBE
Business

Egypt’s foreign currency reserves increase to US$44.218 bn: CBE

The Central Bank of Egypt (CBE) announced that the country’s foreign currency reserves increased to US$44.218 billion at the end…
US investment fund to buy Egypt’s United Bank: CBE
Business

US investment fund to buy Egypt’s United Bank: CBE

Governor of Central Bank of Egypt (CBE) Tarek Amer announced on Monday that a US investment fund would buy the…
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