The Egyptian Pound (EGP) rose somewhat versus the US Dollar (USD) in early trade on Monday, April 15, 2024. The National Bank of Egypt, the Commercial International Bank (CIB), and …
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At the end of yesterday’s trading, the average US dollar price in banks slightly dropped to reach EGP 47.11 for buying and EGP 47.21 for selling. MIDBANK recorded the highest …
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The US dollar recorded a noticeable drop against the Egyptian pound in the parallel market, reaching approximately EGP 55 over the past few hours, down from a recent peak of …
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EconomyFeatures & ScoopHighlights
Maha Abdel Razek Shares with Top 50 Her Positive Feedback on NBE & BM’s Dollar-Saving Certificates, Egypt’s Banking System
As a Financial Consultant and CEO of a well-established property firm, Maha Abdel Razek is more than qualified to express her feedback on the new Dollar-Saving certificates with a …
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EconomyFeatures & ScoopHighlights
Here’s What Political and Economic Science Expert Mai El Batran Thinks About NBE & BM’s Dollar-saving Certificates
During a one-to-one with the Top 50 Women Forum, Political and Economic expert Mai El Batran shared her expert opinion concerning the recent 7% Dollar Saving Certificates offered by …
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EconomyHighlights
Misr Life Insurance, National Bank of Egypt Issue 1st USD Pension Certificates for Expats
Misr Life Insurance and the National Bank of Egypt (NBE) jointly launched Maash Bokra “Future Pension,” the first USD pension certificates for Egyptians working overseas. The certificates are available to …
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At the start of Sunday’s transactions at Egypt’s major banks, the US dollar’s value relative to the Egyptian pound was constant. The dollar exchange rate at the National Bank of …
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The Commercial International Bank (CIB) introduced a new one-year USD-denominated certificate of deposit (CD) with a monthly yield of 6 percent. The minimum investment for the new CDs is $10,000, …
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The Central Bank of Egypt is unlikely to devalue the currency until September at the earliest as economic pressure eases on the back of expectations for bumper tourism revenues and …
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The US dollar exchange rate was stable at the beginning of Monday’s transactions at Egypt’s major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate …