Egypt News Egyptian pound settles at 49.5 after floating currency Nada Ali Mar 7, 2024 0 Egypt's pound remained stable on Thursday at 49.5 against the dollar, similar to the previous day's closing rate,…
Banks Egypt’s NBE offers 1-yr CD with 23% daily yield Nada Ali Mar 7, 2024 0 The National Bank of Egypt offers on Thursday new one-year certificate of deposit (CD) starting from 1000 Egyptian…
Banks Egypt’s CBE issues EGP 60b T-bills Nada Ali Mar 7, 2024 0 The Central Bank of Egypt (CBE) is auctioning off 60 billion Egyptian pounds in treasury bills (T-bills) on…
Money Egypt’s banking system is solid, resilient: CBE deputy governor ElKholy Yomna Yasser Mar 6, 2024 0 The Central Bank of Egypt (CBE) is working around the clock to ensure the soundness and stability of the banking…
Banks Egypt’s c. bank’s recent decisions eliminate FX parallel market Nada Ali Mar 6, 2024 0 The Central Bank of Egypt’s (CBE) recent decision will boost confidence in the Egyptian economy and eliminate…
Egypt News Egypt never defaulted on debts – Ezz Alarab Nada Ali Mar 6, 2024 0 Egypt has never defaulted on its debts and is committed to correcting its course by utilizing foreign resources,…
Egypt News Egypt’s NBE issues 3-yr CD with up to 30% yield Nada Ali Mar 6, 2024 0 The National Bank of Egypt (NBE) has issued on Wednesday new three-year certificate of deposit (CD) with a…
Egypt News Egypt’s currency FX rate hits 46.45 against dollar Nada Ali Mar 6, 2024 0 Egypt's pound currency weakened on Wednesday to a new low of 46.45 Egyptian pounds against the US dollar, according…
Banks Egypt’s AlexBank, Mastercard team up to boost services Nada Ali Mar 5, 2024 0 Mastercard has partnered with Egypt’s AlexBank, a member of the Intesa Sanpaolo Group, to support growth, digital…
Banks Egypt’s c. bank offers fixed-rate EGP 150 bln deposits Nada Ali Mar 5, 2024 0 The Central Bank of Egypt (CBE) offers on Tuesday a fixed-rate deposits of 21.75 per cent for seven days’ worth 150…