Egypt’s foreign currency gap shrinks to $400 million in July – c.bank official
The Central Bank of Egypt (CBE) announced on Saturday that Egypt's foreign currency gap narrowed to $400 million…
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Gamal Negm
Standard Chartered to open first branch in Egypt next Sept.– c.bank official
Britain’s Standard Chartered Bank will open its first branch in Egypt by next September at maximum, Egyptian…
Egypt will issue plastic currency starting with LE 10 notes
The Central Bank of Egypt said the country will start issuing plastic currency, starting with the LE 10 ($0.64)…
International banks send requests to open branches in Egypt: Negm
Number of international banks have showed interest to obtain new licences to open branches in the Egyptian market,…
Egypt central bank says no intention to pass bitcoin trading legislation
Egypt’s central bank said Wednesday it has no intention of issuing legislation or passing a special law that allows…
NBE bank earmarks 300m Egyptian pounds for scientific research, scholarships
Egypt’s biggest lender, the state-owned National Bank of Egypt has signed Thursday a cooperation protocol to put…
Egypt central bank not considering bitcoin adoption
Egypt’s central bank is not considering allowing banks to deal with bitcoins, the Central Bank of Egypt (CBE) said…
Egypt banks commit 3 bln pounds to CSR projects: official
Banks in Egypt have contributed around 3 billion Egyptian pounds ($165.8 million) to corporate social…
Egyptian central bank to launch a microfinance initiative next Tuesday
Egypt’s central bank will launch its anticipated microfinance initiative next Tuesday, a step that follows recent…
Egypt’s CBE obliges banks to not deal with over 7 exchange bureaus
The Central Bank of Egypt (CBE) issued directives to banks operating in the Egyptian market to not deal with more…
