Central Bank of Egypt (CBE)
CBE exemptions on fees expire by the end of December
Business
December 1, 2021
CBE exemptions on fees expire by the end of December
Thee Central Bank of Egypt’s (CBE) initiative cancelling fees on withdrawal and inquiry via ATM machines for non-customers will expire…
US dollar exchange rate continue to stabilize on Tuesday
Business
September 28, 2021
US dollar exchange rate continue to stabilize on Tuesday
On Tuesday, US dollar prices witnessed remarkable stability as it recorded LE15.64 for purchase and LE15.74 for sale at Banque…
US dollar exchange rate stable on Monday
Business
September 13, 2021
US dollar exchange rate stable on Monday
US dollar exchange rate was stable on Monday in several Egyptian banks. In Banque Misr and National Bank of Egypt,…
Egyptian expats remittances up by US$ 3.3 billion
Business
August 18, 2021
Egyptian expats remittances up by US$ 3.3 billion
The Central Bank of Egypt (CBE) has showed that remittances from Egyptians working abroad during the first 11 months of…
Egypt says moving steadily towards cashless economy
Business
August 15, 2021
Egypt says moving steadily towards cashless economy
The Egyptian Cabinet’s Information and Decision Support Center (IDSC) announced Sunday that Egypt has joined the list of countries whose…
Egypt says will release plastic money by early November
Business
August 1, 2021
Egypt says will release plastic money by early November
The Egyptian presidency announced Saturday that new polymer plastic banknotes will be released into circulation by early November. Its statement…
US dollar to Egyptian pound exchange rate remains stable on Tuesday
Business
July 13, 2021
US dollar to Egyptian pound exchange rate remains stable on Tuesday
US dollar to Egyptian pound exchange rates remained stable on Tuesday at the Central Bank of Egypt, recording LE15.64 for…
Central Bank of Egypt stresses all banknote denominations remain valid
Egypt
July 4, 2021
Central Bank of Egypt stresses all banknote denominations remain valid
The Central Bank of Egypt (CBE) confirmed the validity of any and all banknote denominations without exception, in response to…
CBE: Egypt’s tourism revenues fell by 67.4% in 2020-2021
Business
June 30, 2021
CBE: Egypt’s tourism revenues fell by 67.4% in 2020-2021
The Central Bank of Egypt (CBE) announced that Egypt’s revenues from tourism in the first nine months of the 2020-2021…
Tik Tok star Mawada Eladham received funding from abroad: investigations
Egypt
June 24, 2021
Tik Tok star Mawada Eladham received funding from abroad: investigations
Tik Tok star Mawad Eladham reportedly received funds from multiple sources abroad up to LE2.4 million through various bank accounts,…