Egypt launches new expat banking initiative to spur inflows
Egypt’s central bank and ministry of foreign affairs on Sunday launched a new initiative aimed at simplifying bank…
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NBE
Egypt’s GAHAR, NBE sign deal to speed up universal health rollout
Egypt’s General Authority for Health Accreditation and Regulation (GAHAR) signed a protocol with the National Bank…
National Bank of Egypt reports service disruptions after Ramses Exchange fire
The National Bank of Egypt (NBE) announced on Tuesday that certain services will experience temporary disruptions…
Egypt banking operations back to normal after disruption
Egyptian banks will continue normal operations on Tuesday despite the disruption to telecom services caused by a…
Egypt govt. partners with NBE to expand ATM network across youth centres
Egypt’s Ministry of Youth and Sports signed a cooperation protocol with the National Bank of Egypt (NBE) to install…
Egypt signs financial closure for 1 GW solar, battery storage project with Scatec, NBE,…
Egypt on Sunday signed a financial closure agreement for the Obelisk project, a 1-gigawatt solar power plant with…
US dollar falls below EGP 49 on Tuesday
The US dollar weakened against the Egyptian pound on Tuesday, falling below 49 pounds in many banks, as reported by…
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 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…