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…
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Central Bank of Egypt
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…
Egypt’s AlexBank, Mastercard team up to boost services
Mastercard has partnered with Egypt’s AlexBank, a member of the Intesa Sanpaolo Group, to support growth, digital…
Egypt’s c. bank offers fixed-rate EGP 150 bln deposits
The Central Bank of Egypt (CBE) offers on Tuesday a fixed-rate deposits of 21.75 per cent for seven days’ worth 150…
Egypt receives 1st $5b for Ras El Hekma deal
Egypt’s Prime Minister Moustafa Madbouly has confirmed on Thursday the receipt of a $5 billion payment as part of…
Egypt’s c. bank offers EGP 60B T-bills
The Central Bank of Egypt (CBE) is issuing 60 billion Egyptian pounds in treasury bills (T-bills) on Thursday, in…
Sisi: Egypt receives 1st payment of Ras El Hekma project
President Abdel Fattah al-Sisi of Egypt announced on Wednesday that the initial batch of the Ras El Hekma project’s…
Egypt’s c. bank issues EGP 240b corridor-linked deposits
The Central Bank of Egypt (CBE) is offering corridor-linked deposits for a duration of 35 days, amounting to 240…
Egypt’s CBE offers fixed-rate deposits of EGP 150b
The Central Bank of Egypt (CBE) offers on Tuesday a fixed-rate deposits of 21.75 per cent for seven days, worth 150…
Egypt’s financial inclusion rates surge to 70.7% in ’23
Egypt’s financial inclusion rate increased to 70.7 per cent during the previous year, representing a 174 per cent…