The exchange rate of the United States Dollar remained stable at the beginning of Tuesday’s transactions at Egypt’s major banks. The National Bank of Egypt (NBE), Banque Misr, and the Commercial International …
Central Bank of Egypt
-
-
Celebration DayEconomy
CBE Declares May 1st & 2nd Banks’ Holiday on Occasion of Labor Day & Sham El Nassim
The Central Bank of Egypt (CBE) has suspended all banks operating in Egypt from May 5 until 6 in observance of Labor Day and Sham El Nassim. This means that all …
-
On Monday, April 29, 2024, the Egyptian Pound (EGP) declined against the US Dollar (USD), which led to several banks changing their exchange rates. The National Bank of Egypt, Banque …
-
The Central Bank of Egypt (CBE) has issued a statement declaring that all Egyptian banks operating in Egypt will remain closed on Thursday, April 25, in honor of the Sinai …
-
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 …
-
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 …
-
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. …
-
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 …
-
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 …
-
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 …