The Central Bank of Egypt (CBE) has reported a significant decline in Egypt’s external debt, which decreased by approximately $11.8 billion during FY 2023/2024. By June 2024, the country’s …
Central Bank of Egypt
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EconomyHighlightsNews
Egypt’s Central Bank Strengthens Efforts to Combat Money Laundering with New Guidelines for Identifying True Beneficiaries
The Central Bank of Egypt (CBE), in collaboration with the Egyptian Money Laundering and Terrorist Financing Combating Unit (EMLCU), has introduced new guidelines aimed at helping banks accurately identify …
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As part of its commitment to advancing digital transformation in line with Egypt’s Vision 2030, the Central Bank of Egypt (CBE) has announced the extension of a fee exemption for …
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In a recent statement, the Central Bank of Egypt has announced a nationwide bank holiday in observance of the end of the financial year for banks operating in the …
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In an effort to bolster Africa’s economic and banking frameworks, the Central Bank of Egypt (CBE) recently organized a high-level virtual seminar titled “Effective Supervision: Building Supervisory Frameworks and Risk …
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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 …
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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 …
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The Central Bank of Egypt (CBE) recently announced its active involvement in the “New Beginning for Human Development” initiative, aimed at promoting sustainable development and enhancing the quality of life …
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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). …
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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 …