Central Bank of Egypt (CBE)
Prices of US dollar against Egyptian pound remain stable
Business
January 23, 2020
Prices of US dollar against Egyptian pound remain stable
Prices of the US dollar against the Egyptian pound remained stable in several banks on Thursday, following a decline in…
US dollar loses 14 piasters against Egyptian pound within 5 days: CBE
Business
January 14, 2020
US dollar loses 14 piasters against Egyptian pound within 5 days: CBE
The US dollar exchange rate continued its decline against the Egyptian pound on Monday, to reach LE15.86 for purchase and…
Egypt’s foreign currency reserves up to $45.42 billion in December: CBE
Business
January 6, 2020
Egypt’s foreign currency reserves up to $45.42 billion in December: CBE
Egypt’s foreign currency reserves increased to US$45.42 billion in December compared to $45.35 billion in November, the Central Bank of…
US dollar exchange rate in Egypt declines under LE16 mark
Business
December 17, 2019
US dollar exchange rate in Egypt declines under LE16 mark
The US dollar exchange rate made a new record decline against the Egyptian pound, falling below the LE16 mark for…
CBE announces LE50 billion support plan for Egypt’s tourism sector
Business
December 15, 2019
CBE announces LE50 billion support plan for Egypt’s tourism sector
The Central Bank of Egypt (CBE) announced on Sunday the largest financing plan to support the tourism industry, which includes…
Cabinet sets 5 conditions for granting Egyptian nationality to foreigners
Business
December 11, 2019
Cabinet sets 5 conditions for granting Egyptian nationality to foreigners
The Egyptian Cabinet approved on Tuesday a draft law to regulate granting Egyptian nationality, setting five conditions, according to the…
CBE demands government to put tax incentives for the industrial sector
Economy
December 8, 2019
CBE demands government to put tax incentives for the industrial sector
The Central Bank of Egypt (CBE) on Sunday urged the government to grant tax incentives to the industrial sector within…
CBE governor who led Egypt through worst currency crisis in 30 years to serve second term in office
Business
November 26, 2019
CBE governor who led Egypt through worst currency crisis in 30 years to serve second term in office
Egyptian President Abdel Fattah al-Sisi has renewed Tarek Amer’s term as governor of the Central Bank of Egypt (CBE), al-Borsa newspaper reported…
Egypt’s tourism sector witnesses notable jump in revenues
Business
November 15, 2019
Egypt’s tourism sector witnesses notable jump in revenues
An official source from The Central Bank of Egypt (CBE) said on Thursday that tourism sector revenues have increased by…
US dollar rates decline against Egyptian pound
Business
October 22, 2019
US dollar rates decline against Egyptian pound
US dollar exchange rates declined against the Egyptian pound on Tuesday morning compared to Sunday’s prices, at an average of…