Business
US dollar price stabilizes Thursday
April 6, 2023
US dollar price stabilizes Thursday
The price of the US dollar stabilized, Thursday April 6, 2023, against the Egyptian pound at the beginning of trading.…
Nasser Social Bank introduces CD with interest rate of 17-18%
April 5, 2023
Nasser Social Bank introduces CD with interest rate of 17-18%
Minister of Social Solidarity Nevine al-Kabbaj announced Tuesday the launch of a new certificate of deposit under the “Hayah Karima”…
Egypt receives investor offers to buy Wataniya, Safi companies
April 4, 2023
Egypt receives investor offers to buy Wataniya, Safi companies
Egypt started receiving offers from investors to buy shares of Wataniya and Safi companies, affiliated to the National Service Projects…
Banque Misr: time period for availability of new CDs is open
April 3, 2023
Banque Misr: time period for availability of new CDs is open
The President of the Federation of Egyptian Banks and Chairman of the Board of Directors of Banque Misr, Mohamed el-Etreby,…
NBE denies issuance of CDs at 30% interest rate
April 1, 2023
NBE denies issuance of CDs at 30% interest rate
The National Bank of Egypt denied reports that the bank or any banks operating in Egypt had issued a new…
US dollar exchange rate in Egypt after CBE raises interest rate
March 31, 2023
US dollar exchange rate in Egypt after CBE raises interest rate
The price of the US dollar stabilized on Friday, March 31, one day after the Central Bank of Egypt raised…
Egypt joins new bank of BRICS bloc
March 30, 2023
Egypt joins new bank of BRICS bloc
The Official Gazette in Egypt published President Abdel-Fattah al-Sisi’s ratification of the agreement establishing the New Development Bank (NDB), of…
US dollar price in Egypt stabilizes Wednesday
March 29, 2023
US dollar price in Egypt stabilizes Wednesday
The price of the US dollar stabilized in mid-trading on Wednesday recording at the Central Bank of Egypt LE30.83 for…
Damietta Port receives 40,241 tons of Russian wheat
March 29, 2023
Damietta Port receives 40,241 tons of Russian wheat
The Damietta Port received the cargo ship PETRA III, sailing under the flag of Panama and coming from Russia, carrying…
InstaPay transactions total LE112.7 bn in a year: CBE
March 29, 2023
InstaPay transactions total LE112.7 bn in a year: CBE
The Central Bank of Egypt announced that the financial transactions that took place through instant payments network InstaPay during the…