CBE

Egypt’s President, Abdel Fattah El-Sisi, issued Decree No. 110 for 2024, approving Egypt’s subscription to the capital increase of the International Finance Corporation (IFC), with a contribution of 28,940 shares. …

The Central Bank of Egypt (CBE) announced the launch of a new service on Monday, enabling instant money transfers from any location worldwide directly to Egypt. This service ensures the …

Several major Egyptian banks have activated card tokenization services through Apple Pay. This follows the Central Bank of Egypt’s (CBE) approval in February 2023 of new regulations allowing the technology. …

A delegation from the Financial Inclusion team at the Banque Centrale de Mauritanie (BCM) recently traveled to Egypt for a knowledge exchange program. The visit, organized in collaboration with the …

Catalyzing the presidential initiative “Bedaya,” the Central Bank of Egypt (CBE) and the banking sector have actively participated in the recent “Good Week” events aimed at supporting vulnerable groups in …

In a bid to revive its tourism industry, a cornerstone of the Egyptian economy, the Central Bank of Egypt (CBE) has rolled out a strategic support initiative. The program offers …

The Central Bank of Egypt (CBE) is set to launch an investment guarantee agency for Africa Today, 1st October, with a capital of $50 million, according to Deputy Minister of …

The Central Bank of Egypt (CBE) and the Central Bank of Tunisia have entered into a memorandum of understanding (MoU) in the banking sector to strengthen collaboration in areas of …

At the end of Tuesday’s transactions, the Central Bank of Egypt (CBE) released the average closing exchange rates for the US dollar (USD) in comparison to the Egyptian pound (EGP). …

As per the Central Bank of Egypt, Egypt’s net International Reserves (NIR) increased to USD 46.597 billion (EGP 2.25 trillion) in August from USD 46.49 billion (EGP 2.25 trillion) in …