Central Bank of Egypt (CBE)
Central Bank of Egypt announces interest rate increase
Business
March 21, 2022
Central Bank of Egypt announces interest rate increase
The Monetary Policy Committee of the Central Bank of Egypt decided in its extraordinary meeting on Monday to raise…
Remittances of Egyptian expats increase in 2021
Egypt
March 14, 2022
Remittances of Egyptian expats increase in 2021
The central Bank of Egypt said on Monday that remittances from Egyptians working abroad increased during 2021 to about US$…
CBE issues an exceptional decision on rice, beans and lentils
Business
March 14, 2022
CBE issues an exceptional decision on rice, beans and lentils
The Central Bank of Egypt (CBE) decided to extend the grace period for banks to exclude rice, beans and lentils…
US dollar exchange rate stable in Egypt banks
Business
March 8, 2022
US dollar exchange rate stable in Egypt banks
The US dollar exchange rate maintained stable prices in Egypt banks against the local currency on Tuesday. Despite increasing…
Egypt’s Core annual inflation rose to 6.3 percent in January: CBE
Business
February 13, 2022
Egypt’s Core annual inflation rose to 6.3 percent in January: CBE
The CBE stated that the monthly core inflation rate reached 0.8 percent in January, compared to 0.5 percent in the…
Central Bank of Egypt: financial stability index rose in June 2021
Egypt
February 9, 2022
Central Bank of Egypt: financial stability index rose in June 2021
The Financial Stability Report for 2020, issued by the Central Bank of Egypt on Monday, showed the success of the…
Remittances from Egyptians abroad have risen to US$ 26.4 billion in 10 months
Economy
January 22, 2022
Remittances from Egyptians abroad have risen to US$ 26.4 billion in 10 months
Remittances from Egyptians working abroad during the first ten months of 2021 reached about US$26.4 billion, an increase of about…
Exchange rate of foreign currencies at CBE
Business
January 4, 2022
Exchange rate of foreign currencies at CBE
The exchange rates of foreign and Arab currencies against the Egyptian pound, during the latest update of the official website…
CBE announces bank vacation for Eastern Christmas
Egypt
January 4, 2022
CBE announces bank vacation for Eastern Christmas
The Central Bank of Egypt (CBE) has suspended work in all banks operating in Egypt on Thursday on the occasion…
CBE extends exemptions on fees until end of June
Business
December 25, 2021
CBE extends exemptions on fees until end of June
The Central Bank of Egypt has set a maximum daily limit for cash withdrawals or deposits through ATMs, that the…