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Egypt implements new gasoline prices on Friday

Egypt implements new gasoline prices on Friday

Egypt’s Automatic Pricing Committee for Petroleum Products has moved to increase the prices of all types of gasoline. The decision…
CBE offers new instructions of credit cards outside Egypt

CBE offers new instructions of credit cards outside Egypt

The Central Bank of Egypt issued new instructions to facilitate the use of credit cards abroad, with the aim of overcoming any…
AAIB provides new savings certificate with highest investment return in the market

AAIB provides new savings certificate with highest investment return in the market

The Arab African International Bank has offered its customers a savings certificate with the highest investment return in the banking…
CBE offers new instructions to facilitate use of credit cards outside Egypt

CBE offers new instructions to facilitate use of credit cards outside Egypt

The Central Bank of Egypt issued new instructions to facilitate the use of credit cards abroad, with the aim of…
Egypt bourse indexes post collective gains

Egypt bourse indexes post collective gains

CAIRO, Oct 22 (MENA) – Egyptian Exchange (EGX) indexes posted collective gains at the close of Sunday’s trading sessions, backed…
Standard & Poor’s lowers Egypt’s credit rating to ‘B-‘

Standard & Poor’s lowers Egypt’s credit rating to ‘B-‘

Global rating agency Standard & Poor’s on Friday downgraded Egypt’s long-term sovereign rating to “B-” from “B” – indicating increased…
Suez Canal announces 15% increase in crossing fees by mid-January

Suez Canal announces 15% increase in crossing fees by mid-January

The Suez Canal Authority announced a 15 percent increase in regular transit fees on ships tanking crude oil, petroleum derivatives,…
Banking expert explains CBE’s new decision on usage of credit cards abroad

Banking expert explains CBE’s new decision on usage of credit cards abroad

Banking expert Mohamed Abdel-al explained that the Central Bank of Egypt’s decision to activate the maximum credit limit granted to…
How currency swap agreements are used to confront financial crises

How currency swap agreements are used to confront financial crises

Currency swap agreements have recently become an alternative method to confront financial crises, according to a research paper prepared by…
US dollar price stabilizes on Tuesday in Egypt

US dollar price stabilizes on Tuesday in Egypt

The price of the US dollar continued to stabilize against the Egyptian pound, on Tuesday, at the Central Bank of…
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