Central Bank of Egypt (CBE)

US dollar exchange rate stable on Monday
Business

US dollar exchange rate stable on Monday

US dollar exchange rate was stable on Monday in several Egyptian banks. In Banque Misr and National Bank of Egypt,…
Egyptian expats remittances up by US$ 3.3 billion
Business

Egyptian expats remittances up by US$ 3.3 billion

The Central Bank of Egypt (CBE) has showed that remittances from Egyptians working abroad during the first 11 months of…
Egypt says moving steadily towards cashless economy
Business

Egypt says moving steadily towards cashless economy

The Egyptian Cabinet’s Information and Decision Support Center (IDSC) announced Sunday that Egypt has joined the list of countries whose…
Egypt says will release plastic money by early November
Business

Egypt says will release plastic money by early November

The Egyptian presidency announced Saturday that new polymer plastic banknotes will be released into circulation by early November. Its statement…
US dollar to Egyptian pound exchange rate remains stable on Tuesday
Business

US dollar to Egyptian pound exchange rate remains stable on Tuesday

US dollar to Egyptian pound exchange rates remained stable on Tuesday at the Central Bank of Egypt, recording LE15.64 for…
Central Bank of Egypt stresses all banknote denominations remain valid
Egypt

Central Bank of Egypt stresses all banknote denominations remain valid

The Central Bank of Egypt (CBE) confirmed the validity of any and all banknote denominations without exception, in response to…
CBE: Egypt’s tourism revenues fell by 67.4% in 2020-2021
Business

CBE: Egypt’s tourism revenues fell by 67.4% in 2020-2021

The Central Bank of Egypt (CBE) announced that Egypt’s revenues from tourism in the first nine months of the 2020-2021…
Tik Tok star Mawada Eladham received funding from abroad: investigations
Egypt

Tik Tok star Mawada Eladham received funding from abroad: investigations

Tik Tok star Mawad Eladham reportedly received funds from multiple sources abroad up to LE2.4 million through various bank accounts,…
Egypt authorities return fees on withdrawal and balance inquiry via ATM from July 1
Business

Egypt authorities return fees on withdrawal and balance inquiry via ATM from July 1

Local banks are preparing to notify their customers with the approaching end of an initiative cancelling fees on withdrawal and…
Central Bank of Egypt shortens time to collect checks in foreign currencies
Business

Central Bank of Egypt shortens time to collect checks in foreign currencies

The Board of Directors of the Central Bank of Egypt (CBE) has approved regulation for banks operating in Egypt to…
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