Central Bank of Egypt

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 …

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 …

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 …

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 …

On Thursday, January 25, Egypt’s Minister of Social Solidarity, Dr. Nevine Al-Kabbag launched the “Herafy” or “Craftsman” Program, in collaboration with the Central Bank of Egypt and several Egyptian banks to …

The Central Bank of Egypt (CBE) has extended the guidelines requiring banks to distribute 25% of their credit facilities portfolio to micro, small, and medium-sized firms (MSMEs) for one year …

Earlier today, the Central Bank of Egypt (CBE) announced that next Thursday, January 25, will be an official paid holiday for all Egyptian banks to commemorate the anniversary of the …

Egypt’s mediation role in the Israel-Hamas conflict in Gaza is expected to attract foreign financial support, exceeding $5 billion, according to Fitch Solutions’ BMI. Inflation is expected to slow down, …

According to a government document released in January, the Central Bank of Egypt (CBE) plans to introduce the electronic pound by 2030 to enhance the efficiency of monetary policy. The …

The value of the Egyptian pound in comparison to the major currencies of the BRICS nations, as reported by their central banks and market transactions on December 31, 2023, is shown …