CBE

In a circular released on Sunday, the Central Bank of Egypt (CBE) instructed banks to modify their stances on the updated supervisory controls to counter money laundering and terrorist financing …

When operations at Egypt’s main banks began on Tuesday, the value of the dollar remained steady. The dollar rate was recorded at EGP 30.85 for selling and EGP 30.75 for …

The Ministry of Planning and Economic Development recently held a meeting with the Central Bank of Egypt (CBE) to discuss the implementation of the financial inclusion strategy for the second …

According to the Central Bank of Egypt’s (CBE) monthly statement, announced yesterday, the bank’s gold holdings rose by 6% in October, from EGP 235.64 billion ($7.63 billion) in September to …

The Central Bank’s Deputy Governor, Ayman Hussein, disclosed that in just a year and a half, the InstaPay app was able to garner 6.2 million users. During the 27th International …

The Central Bank of Egypt (CBE) has recently announced an increase in daily and monthly transaction limits on financial inclusion accounts, prepaid cards, and mobile banking by 100%. According to …

The Central Bank of Egypt’s Monetary Policy Committee (MPC) is scheduled to hold its seventh regular meeting of the year on Thursday. The purpose of the meeting is to determine …

The Central Bank of Egypt (CBE) has recently announced that it is lifting restrictions on credit card usage for travelers abroad. This will facilitate the use of credit cards for …

The joint technical assistance project “Strengthening Financial Inclusion and Banking Supervision in Egypt” has been completed by the Central Bank of Egypt (CBE), the European Union (EU), and the German …

The Central Bank of Egypt (CBE) has recently issued new instructions to regulate the use of credit cards for transactions in foreign currencies abroad. This comes amid concerns of misuse, …