An update has been made in line with the recent decision by the Egyptian government and the Central Bank of Egypt to raise interest rates by 6% on March 6. …
CBE
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In light of the upcoming Eid Al-Fitr festivities, the Central Bank of Egypt (CBE) has announced that it will temporarily suspend the operations of all banks in Egypt from April …
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Economy
FinTech Egypt Launches “Women For Women In FinTech” Initiative to Help Female Entrepreneurs to Expand Their Projects
Fintech Egypt, a division of the Central Bank of Egypt, recently launched an event called “Women for Women in FinTech”. The main objective of this event is to provide innovative …
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Banque du Caire, a leading Egyptian bank, has received approval from the Central Bank of Egypt (CBE) to increase its issued and paid-up capital by EGP 9 billion, bringing it …
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The Central Bank of Egypt (CBE) recently released the key financial soundness metrics for Egyptian banks as of the end of 2023. According to a new report, CBE noticed a …
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On Sunday, the dollar fell from EGP 50.70 in some banks to EGP 47.76 to buy and EGP 47.90 to sell. Today, the dollar price at the Central Bank of …
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In its quest to achieve economic empowerment and enhance financial inclusion across all societal segments, the Central Bank of Egypt (CBE) is dedicated to improving women’s access to financial services …
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The Central Bank of Egypt (CBE) has just instructed banks to remove limits on foreign spending for all credit cards. The bank’s decision aims to strengthen the stability of the …
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Egypt’s financial inclusion rates significantly surged to 70.7% by the end of 2023, according to the Central Bank of Egypt (CBE). According to CBE’s financial inclusion indicators for the year, …
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The Central Bank of Egypt (CBE) has just issued new rules for customers who do not provide proof of use for their credit cards abroad within 90 days of using …