banks

Egypt’s central bank keeps key interest rates unchanged
Economy

Egypt’s central bank keeps key interest rates unchanged

CAIRO, May 23 (Reuters) – Egypt’s central bank on Thursday kept its key interest rates unchanged, in line with a…
US dollar maintains stable rates against Egyptian pound 
Business

US dollar maintains stable rates against Egyptian pound 

The US dollar maintained stable rates against the Egyptian pound on Sunday morning, with an average exchange rate of LE17.…
US dollar rate in Egypt declines
Economy

US dollar rate in Egypt declines

On Monday, the US dollar saw a two-piaster decline in Egypt’s banks. In Banque Misr and the National Bank of…
Trump sues banks in bid to block Congress subpoenas
World

Trump sues banks in bid to block Congress subpoenas

US President Donald Trump, along with his family and businesses, on Monday sued Deutsche Bank and Capital One in an…
US investment fund to buy Egypt’s United Bank: CBE
Business

US investment fund to buy Egypt’s United Bank: CBE

Governor of Central Bank of Egypt (CBE) Tarek Amer announced on Monday that a US investment fund would buy the…
Egypt to sell stake in Banque du Caire by end of year: CBE Governor
Business

Egypt to sell stake in Banque du Caire by end of year: CBE Governor

Central Bank of Egypt Governor Tarek Amer officially revealed plans to sell a stake in Banque du Caire, one of…
Egypt sets plan set to reduce public debt-to-GDP: Minister
Business

Egypt sets plan set to reduce public debt-to-GDP: Minister

Egypt’s Minister of Finance Mohammed Maait said that the government has been working on reducing the public debt-to-Growth Domestic Product…
CBE receives requests from major international banks to operate in Egypt
Business

CBE receives requests from major international banks to operate in Egypt

The Central Bank of Egypt (CBE) has received requests from major international banks recently for new licenses to operate in…
US dollar exchange rate continues to decline in Egypt
Business

US dollar exchange rate continues to decline in Egypt

The US dollar exchange rate continued its decline against the Egyptian pound on Wednesday morning for the third day in…
US dollar makes record decrease against Egyptian pound
Business

US dollar makes record decrease against Egyptian pound

The US dollar exchange rate witnessed a record decrease, the lowest in 2 years, on Monday against the Egyptian pound,…
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