Central Bank of Egypt (CBE)

Egypt sells $5 bn in three tranches of bonds
Economy

Egypt sells $5 bn in three tranches of bonds

DUBAI, May 21 (Reuters) — Egypt sold five billion US dollars in bonds in three tranches on Thursday with maturities…
US Dollar exchange rates in Egypt rise on Monday
Business

US Dollar exchange rates in Egypt rise on Monday

The US dollar exchange rate in Egyptian banks has risen on Monday compared with Sunday’s exchange rates. The exchange rate…
Egypt’s Ministry of Finance to issue LE3 bn payment to tourist establishments
Economy

Egypt’s Ministry of Finance to issue LE3 bn payment to tourist establishments

Egypt’s Ministry of Finance on Monday launched an initiative guaranteeing the payment of LE three billion to Egypt’s national banks…
Egypt’s foreign currency reserves are still ‘safe’: CBE
Business

Egypt’s foreign currency reserves are still ‘safe’: CBE

The Deputy Governor of the Central Bank of Egypt (CBE) Ramy Aboul-Naga, announced that the nation’s foreign currency reserves are…
Bank Audi Egypt employee infected with coronavirus
Egypt

Bank Audi Egypt employee infected with coronavirus

Bank Audi Egypt announced Wednesday that one of the employees at the bank’s administrative building in Salah Salem street has…
US dollar – Egyptian pound exchange rate remains stable on Tuesday
Economy

US dollar – Egyptian pound exchange rate remains stable on Tuesday

Exchange rates between the US dollar and the Egyptian pound remained stable in several banks on Tuesday, following a decline…
Egypt’s Central Bank to ease cash withdrawal limits during Ramadan
Economy

Egypt’s Central Bank to ease cash withdrawal limits during Ramadan

Chairman of the Federation of Egyptian Banks (FEB) and President of Banque Misr Mohamed al-Etriby said on Wednesday that the…
Egypt’s foreign currency reserves fall due to coronavirus crisis
Business

Egypt’s foreign currency reserves fall due to coronavirus crisis

The Central Bank of Egypt (CBE) said that it has used US$5.4 billion from its foreign currency reserves during March…
CBE cancels its negative list of companies and individuals
Business

CBE cancels its negative list of companies and individuals

The Central Bank of Egypt (CBE) on Tuesday announced in a statement that it has amended the ruling of the…
Central Bank of Egypt provides tourist establishments with two-year-repayment loans
Egypt

Central Bank of Egypt provides tourist establishments with two-year-repayment loans

The Central Bank of Egypt (CBE) has provided loans to tourist establishments with repayment terms for up to two years…
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