Browsing Category
Banks
Egypt’s c. bank issues new payment licensing rules
The Central Bank of Egypt (CBE) announced new licensing and registration rules for payment systems operators and…
EIB supports French defence SMEs with €300m loan
The European Investment Bank (EIB) signed a €300 million loan agreement with France’s BPCE banking group to support…
Egypt’s CBE offers EGP 80b in T-bills
The Central Bank of Egypt (CBE), in coordination with the Ministry of Finance, is offering 80 billion Egyptian…
US Fed holds rates steady
The US Federal Reserve (Fed) left interest rates unchanged on Wednesday
PM: Egypt no longer reliant on hot money for reserves
Prime Minister Moustafa Madbouly said Wednesday recent outflows of hot money in the wake of regional tensions pose…
Egypt’s FM, EU Parl. head discuss strategic partnership, regional stability
Egyptian Foreign Minister Badr Abdel-Aty on Wednesday expressed appreciation for the European Parliament’s approval…
EGP declines vs USD on Wednesday
The Egyptian pound (EGP) declined against the US dollar (USD) on Wednesday, June 18, 2025, according to data from…
European Parl. approves final reading of 2nd loan tranche to Egypt
The European Parliament on Wednesday approved the final reading of a decision to grant Egypt the second tranche of…
EGP inches down vs USD in Wednesday midday trade
The Egyptian pound (EGP) declined against the US dollar (USD) in midday trading on Wednesday, June 18, 2025. By…
EGP hovers vs USD in early Wednesday trade
The Egyptian pound (EGP) almost steady against the US dollar (USD) during early trading on Wednesday, June 18, …