money
Central Bank of Egypt to begin printing secure, eco-friendly polymer banknotes in June
Business
January 19, 2021
Central Bank of Egypt to begin printing secure, eco-friendly polymer banknotes in June
The Central Bank of Egypt (CBE) will begin printing polymer banknotes upon inauguration of its new printing house in June,…
NBE reduces interest rate on 3-year Platinum Certificates
Business
December 25, 2020
NBE reduces interest rate on 3-year Platinum Certificates
The National Bank of Egypt reduced the interest rate or return on its three-year Platinum Certificates, the return of which…
Iraq’s central bank devalues dinar by 22 percent amid public anger
Middle East
December 20, 2020
Iraq’s central bank devalues dinar by 22 percent amid public anger
BAGHDAD (AP) — Iraq’s Central Bank on Saturday announced it will devalue the Iraqi dinar by over 20 percent in…
Giza man who handed out money from his balcony says he will sue those who defame him
Egypt
December 9, 2020
Giza man who handed out money from his balcony says he will sue those who defame him
The Egyptian man who passed out money from his balcony says will sue those who defame him through social media…
COVID-19 coverage safety net has plenty of holes in US
World
October 11, 2020
COVID-19 coverage safety net has plenty of holes in US
COVID-19 can do more than torment patients physically. It also clobbers some financially. Even though many insurers and the U.S.…
Egypt’s ATM withdrawl fees will continue to be suspended until December 31: CBE
Business
September 16, 2020
Egypt’s ATM withdrawl fees will continue to be suspended until December 31: CBE
The Deputy Governor of the Central Bank of Egypt, Rami Abu al-Naja, announced Tuesday that fees and commissions on cash withdrawals…
Officials deny social media claims of replacement for Egypt’s LE10 bank notes
Business
July 15, 2020
Officials deny social media claims of replacement for Egypt’s LE10 bank notes
Egypt’s cabinet back in January debunked news circulating on social media claiming that the LE10 banknotes issued by the Central…
Egypt jumps 55 places in Open Budget Index: Finance Minister
Business
December 3, 2019
Egypt jumps 55 places in Open Budget Index: Finance Minister
Egyptian Finance Minister Mohamed Maait announced Monday that Egypt has jumped 55 positions in its budget transparency index the “Open…
US Dollar maintains stable prices against Egypt Pound: CBE
Egypt
November 24, 2019
US Dollar maintains stable prices against Egypt Pound: CBE
US dollar exchange rates maintained stable prices against the Egyptian pound on Sunday in several banks, falling by over LE1.75…
Detroit-area men who sent millions to Yemen spared prison
Middle East
October 21, 2019
Detroit-area men who sent millions to Yemen spared prison
DETROIT (AP) — A group of Detroit-area men opened bank accounts to move millions of dollars to Yemen, their war-torn…