CBE

US Dollar in Egypt maintains stable exchange rate on Tuesday
Business

US Dollar in Egypt maintains stable exchange rate on Tuesday

On Tuesday, the US dollar prices stabilized remarkably against the Egyptian pound, in the Banque Misr, the National Bank of…
Egyptian bonds amongst the most attractive globally: Bloomberg
Business

Egyptian bonds amongst the most attractive globally: Bloomberg

A report published by Bloomberg said that the companies “PineBridge Investments” and “Renaissance Capital” anticipates the Egyptian market to continue…
US dollar, Arab currencies exchange rates vary on Wednesday in Egypt
Business

US dollar, Arab currencies exchange rates vary on Wednesday in Egypt

The US dollar and Arab currencies’ exchange rates varied on Wednesday morning against the Egyptian pound, according to the official…
CBE confirms daily maximum limit for cash withdrawal or deposit at ATMs
Business

CBE confirms daily maximum limit for cash withdrawal or deposit at ATMs

The Central Bank of Egypt (CBE) has set a daily maximum limit for cash withdrawals or deposits at ATM machines,…
Egypt’s current account deficit reaches US$7.6 bn in December 2020: CBE
Economy

Egypt’s current account deficit reaches US$7.6 bn in December 2020: CBE

Egypt’s current account deficit rose to US$7.6 billion from July to December 2020 from $4.6 billion a year ago, the…
Egypt’s foreign reserves continue to recover, rise to $US40.1007 bn in January: CBE
Business

Egypt’s foreign reserves continue to recover, rise to $US40.1007 bn in January: CBE

The Central Bank of Egypt announced, on Wednesday, that its net foreign reserves increased to US$40.1007 billion at the end…
CBE: Local currency limit for passengers entering and exiting Egypt remains at LE5,000
Business

CBE: Local currency limit for passengers entering and exiting Egypt remains at LE5,000

The Central Bank of Egypt (CBE) on Thursday maintained the maximum limit of banknotes travelers allowed to carry while entering…
US dollar exchange rate stabilizes in Egyptian banks
Economy

US dollar exchange rate stabilizes in Egyptian banks

The exchange rate of the US dollar against the Egyptian pound stabilized on Monday in Egyptian banks, compared with Sunday’s…
Central Bank of Egypt expands base of beneficiaries for LE100 bn stimulus initiative
Business

Central Bank of Egypt expands base of beneficiaries for LE100 bn stimulus initiative

The Central Bank of Egypt (CBE) on Sunday decided to expand the base of beneficiaries for its LE100 billion stimulus…
CBE to cancel LE10 bn worth of debt owed by 940,000 customers
Business

CBE to cancel LE10 bn worth of debt owed by 940,000 customers

The Central Bank of Egypt will cancel around LE 10 billion in debt owed to banks by 940,000 customers, as…
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