Featured CBE deletes sales cap on EGP 100bn industry support initiative Amwal Al Ghad English Apr 5, 2020 0 Central Bank of Egypt (CBE) cancelled the annual sales cap of 1 billion Egyptian pounds required to qualify for…
Money Egypt’s CBE imposes cash withdrawal limits after $190.6mn withdrawn unnecessarily Amwal Al Ghad English Apr 1, 2020 0 Central Bank of Egypt's (CBE) Governor Tarek Amer said a total of 3 billion Egyptian pounds ($190.6 million) has…
Featured Egypt’s stock exchange, Banks shorten working hours aya salah Mar 25, 2020 0 The Central Bank of Egypt (CBE) has shortened the working hours for the banking system as well as Egyptian stock…
Money CBE offers 2-year loans to hotels with 6-month grace Ahmed Ali Mar 25, 2020 0 The Central Bank of Egypt (CBE) offers two-year loans for hotels and touristic establishments with a six-month…
The Watch Key global currencies rates in Egyptian banks on 10 March Amwal Al Ghad English Mar 10, 2020 0 Amwal Al Ghad on Tuesday demonstrates the exchange rates of key global currencies; U.S. dollar, euro, pound…
Featured Egypt will issue plastic currency starting with LE 10 notes Amwal Al Ghad English Mar 7, 2020 0 The Central Bank of Egypt said the country will start issuing plastic currency, starting with the LE 10 ($0.64)…
Featured CBE to add 100 business development centres among NilePreneurs Ahmed Ali Mar 5, 2020 0 Central Bank of Egypt seeks to increase of the number of business development centres to 100 centres as part of…
The Watch Key global currencies rates in Egyptian banks on 2 March AbdElrhman Frhaat Mar 2, 2020 0 Amwal Al Ghad on Monday demonstrates the exchange rates of key global currencies; U.S. dollar, euro, pound…
Money CBE increases capped loans limit for mortgage finance to 10 % Ahmed Ali Feb 18, 2020 0 The Central Bank of Egypt (CBE) has upped the capped loans limit for mortgage finance from five percent to 10…
Money Egypt’s CBE pilots eKYC solution for financial inclusion Amwal Al Ghad English Jan 29, 2020 0 The Central Bank of Egypt has completed the testing phase of a new electronic know-your-customer (KYC).