The Central Bank of Egypt (CBE)
CBE: Egypt’s foreign exchange reserves rise to $49.250 billion in August
Business
September 8, 2025
CBE: Egypt’s foreign exchange reserves rise to $49.250 billion in August
The Central Bank of Egypt (CBE) announced on Sunday, September 7th, 2025, an increase in the country’s foreign exchange reserves…
Economic expert reveals impact of Central Bank of Egypt’s recent decision
Business
August 30, 2025
Economic expert reveals impact of Central Bank of Egypt’s recent decision
Economic expert Mohamed Fouad hailed the Central Bank of Egypt‘s (CBE) decision to reduce interest rates, given the decline in…
CBE: Egyptian expats’ remittances hit $29.4 bln in 10 months
Egypt
June 23, 2025
CBE: Egyptian expats’ remittances hit $29.4 bln in 10 months
The Central Bank of Egypt (CBE) announced that remittances of Egyptians abroad recorded an unprecedented historic leap reaching 77.1 percent…
No minimum balance – Egyptian banks offer free accounts for financial inclusion in April
Business
April 10, 2025
No minimum balance – Egyptian banks offer free accounts for financial inclusion in April
The Central Bank of Egypt (CBE) issued a statement on Thursday, announcing that banks operating in the Egyptian market will…
CBE announces 87% increase in remittances of Egyptians working abroad
Business
September 10, 2024
CBE announces 87% increase in remittances of Egyptians working abroad
The Central Bank of Egypt (CBE) announced an 86.8 percent increase in remittances of Egyptians working abroad during July, for…
CBE: Sunday Official Bank Holiday On Occasion of June 30 Revolution Anniversary
Egypt
June 27, 2024
CBE: Sunday Official Bank Holiday On Occasion of June 30 Revolution Anniversary
The Central Bank of Egypt (CBE) decided to suspend work of all banks operating in Egypt next Sunday on the…
CBE announces Eid al-Adha holiday for banks operating in Egypt
Egypt
June 12, 2024
CBE announces Eid al-Adha holiday for banks operating in Egypt
The Central Bank of Egypt (CBE) announced on Tuesday that banks operating in Egypt will go on holiday from Sunday,…
CBE’s foreign exchange reserves rises to record level by end of May
Business
June 5, 2024
CBE’s foreign exchange reserves rises to record level by end of May
The Central Bank of Egypt (CBE) revealed an increase in the balances of gold listed in the foreign exchange reserve…
Egypt’s foreign reserves rise to US$35.249 billion by end of January
Business
February 7, 2024
Egypt’s foreign reserves rise to US$35.249 billion by end of January
The Central Bank of Egypt (CBE) revealed an increase in net foreign exchange reserves, reaching US$35.249 billion at the end…
National Bank of Egypt increases interest rates for certificates in 2024
Economy
February 7, 2024
National Bank of Egypt increases interest rates for certificates in 2024
The National Bank of Egypt (NBE) has adjusted the return on the Platinum Savings Certificate with a variable return, in…