S&P optimistic about recent surge in financial support Egypt receives
S&P Global Ratings has expressed optimism due to the recent surge in financial support Egypt has received over…
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CBE
Egypt’s NBE raises intl. credit card limits
The National Bank of Egypt (NBE) has increased the limits of cash withdrawals and purchases on credit card…
Egyptian pound settles at 49.5 after floating currency
Egypt's pound remained stable on Thursday at 49.5 against the dollar, similar to the previous day's closing rate,…
Egypt’s NBE offers 1-yr CD with 23% daily yield
The National Bank of Egypt offers on Thursday new one-year certificate of deposit (CD) starting from 1000 Egyptian…
Egypt’s CBE issues EGP 60b T-bills
The Central Bank of Egypt (CBE) is auctioning off 60 billion Egyptian pounds in treasury bills (T-bills) on…
Egypt’s banking system is solid, resilient: CBE deputy governor ElKholy
The Central Bank of Egypt (CBE) is working around the clock to ensure the soundness and stability of the banking…
Egypt’s c. bank’s recent decisions eliminate FX parallel market
The Central Bank of Egypt’s (CBE) recent decision will boost confidence in the Egyptian economy and eliminate…
Egypt never defaulted on debts – Ezz Alarab
Egypt has never defaulted on its debts and is committed to correcting its course by utilizing foreign resources,…
Egypt’s NBE issues 3-yr CD with up to 30% yield
The National Bank of Egypt (NBE) has issued on Wednesday new three-year certificate of deposit (CD) with a…
Egypt’s currency FX rate hits 46.45 against dollar
Egypt's pound currency weakened on Wednesday to a new low of 46.45 Egyptian pounds against the US dollar, according…