Central Bank of Egypt (CBE)

CBE provides US$100 million to help provide basic commodities
Egypt

CBE provides US$100 million to help provide basic commodities

Egyptian Prime Minister Mostafa Madbouly held a meeting on Sunday to follow up on efforts to provide basic commodities in…
Raising interest rates constitutes a burden on investment: Investor
Business

Raising interest rates constitutes a burden on investment: Investor

The President of the Small and Medium Enterprises Investors Union and Vice President of the Investors Association, Alaa al-Sakaty, said…
Central Bank of Egypt refutes changing regulations on cash withdrawal limit
Egypt

Central Bank of Egypt refutes changing regulations on cash withdrawal limit

The Central Bank of Egypt (CBE) issued a statement refuting several rumors spread online regarding concerning the issuance of new…
CBE announces banks holiday for Police Day, January 25 Revolution
Egypt

CBE announces banks holiday for Police Day, January 25 Revolution

The Central Bank of Egypt will suspend work for banks across the country on Thursday, in celebration of the anniversary…
IMF begins review of Egypt’s economic reform program
Egypt

IMF begins review of Egypt’s economic reform program

An International Monetary Fund (IMF) team, led by the head of the fund’s mission to Egypt Ivanna Vladkova Hollar, began…
Central Bank of Egypt to soon allow ATM withdrawls for InstaPay users
Economy

Central Bank of Egypt to soon allow ATM withdrawls for InstaPay users

The Deputy Assistant Governor of the Central Bank of Egypt (CBE) for Banking Operations and Payment Systems Ehab Nasr announced…
UAE and Kuwait extending deposits reveals confidence in Egypt’s economy: Bankers
Business

UAE and Kuwait extending deposits reveals confidence in Egypt’s economy: Bankers

Banking experts said that the UAE and Kuwait’s extension of the deadline for deposits due soon to 2024 and 2026…
CBE launches cash withdrawal from ATMs for InstaPay users soon
Business

CBE launches cash withdrawal from ATMs for InstaPay users soon

The Deputy Assistant Governor of the Central Bank of Egypt for Banking Operations and Payment Systems Ehab Nasr, announced on…
CBE reveals number of InstaPay users & volume of Egyptian transactions
Business

CBE reveals number of InstaPay users & volume of Egyptian transactions

The Assistant Deputy Governor for Payment Systems and Services at the Central Bank of Egypt (CBE) Ehab Nasr, announced that…
Central Bank of Egypt issues treasury bills worth LE 3 billion
Business

Central Bank of Egypt issues treasury bills worth LE 3 billion

The Central Bank of Egypt on Monday launched treasury bills with fixed and variable returns at a total value of…
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