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 …
Central Bank of Egypt
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EconomyHighlights
Central Bank of Egypt Extends Exemption of InstaPay’s Transaction Fees Until Further Notice
On December 28, The Central Bank of Egypt (CBE) announced its new decision to continue offering free transactions through the InstaPay application and to revoke the fee imposition that was …
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EconomyHighlights
CBE Gives Banks 6 Months Deadline to Update Controls on Money Laundering & Terrorism Financing
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 …
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EconomyHighlights
CBE facilitates access to banking services and products for customers with disabilities
In keeping with Egypt’s Vision 2030 for sustainable development, the Central Bank of Egypt (CBE) has made banking services and products more accessible to persons with disabilities.Banking operations in Egypt …
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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 …
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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 …
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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 …
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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 …
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The Egyptian Central Bank (CBE) has announced the successful completion of the third phase of the Egyptian Money Market Development project, which aims to improve the efficiency and transparency of …
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Egypt’s central bank has won two won two of the five AFI Global Alliance for Financial Inclusion Awards, on the sidelines of AFI’s 13th annual conference in the Philippines. The …