Central Bank of Egypt (CBE)
US Dollar prices witness drop against Egyptian Pound: CBE
Business
May 24, 2019
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
May 19, 2019
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
May 19, 2019
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
May 9, 2019
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
May 8, 2019
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
May 6, 2019
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
April 29, 2019
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…
Egypt to sell stake in Banque du Caire by end of year: CBE Governor
Business
April 16, 2019
Egypt to sell stake in Banque du Caire by end of year: CBE Governor
Central Bank of Egypt Governor Tarek Amer officially revealed plans to sell a stake in Banque du Caire, one of…
CBE receives requests from major international banks to operate in Egypt
Business
March 30, 2019
CBE receives requests from major international banks to operate in Egypt
The Central Bank of Egypt (CBE) has received requests from major international banks recently for new licenses to operate in…
CBE Governor expects fifth installment of IMF loan by the end of January
Business
January 23, 2019
CBE Governor expects fifth installment of IMF loan by the end of January
Governor of the Central Bank of Egypt (CBE) Tariq Amer said that Egypt expects to receive its fifth IMF…