On Wednesday, April 24, 2024, the Egyptian Pound (EGP) faced a decline against the US Dollar (USD) in the early hours of the market, leading to rate adjustments by various …
CBE
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The Central Bank of Egypt (CBE) has lifted the withdrawal limit for individuals and companies. This new resolution, issued today, applies to withdrawals and deposits made through bank branches or …
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The Egyptian Pound (EGP) rose somewhat versus the US Dollar (USD) in early trade on Monday, April 15, 2024. The National Bank of Egypt, the Commercial International Bank (CIB), and …
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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. …
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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 …