Egyptian pound steady against US dollar in Saturday trading The US dollar exchange rate remained relatively stable against the... Businessmen Team 10 Jan 2026 Central Bank of Egypt (CBE) policies remain focused on maintaining monetary stability and balancing...
El-Halfawy: Rate cuts, stable currency fueled exceptional year for EGX The Egyptian Exchange (EGX) emerged as the top-performing market in... Businessmen Team 01 Jan 2026 Market capitalization surged by 829 billion Egyptian pounds over the year, closing at a record 2.99...
CBE, Afreximbank partner on new Pan-African gold bank The Central Bank of Egypt (CBE) and the African Export-Import... Businessmen Team 30 Dec 2025 This strategic initiative aims to strengthen central bank reserves, reduce reliance on internationa...
Banks to close Thursday for end of fiscal year Banks across Egypt will be closed on Thursday, January 1,... Businessmen Team 28 Dec 2025 In a brief statement, the CBE confirmed that the one-day holiday applies to all operating banks in...
Microfinance expert sees interest rate cuts shifting sector toward growth The cumulative impact of Egypt’s interest rate cuts throughout the... Businessmen Team 27 Dec 2025 While many analysts focus on individual central bank meetings, Abdel-Latif argues that the real sto...
CBE warns customers against sharing account data via phone or social media The Cabinet Media Center issued a statement on its social... Businessmen Team 26 Dec 2025 The Central Bank of Egypt (CBE) affirmed that banks never request detailed information about custom...
CBE cuts interest rates by 1% The Monetary Policy Committee of the Central Bank of Egypt... Businessmen Team 25 Dec 2025 The Committee also decided to reduce the credit and discount rate by 100 basis points to 20.50%. Th...
Egyptian expat remittances jump 42.8% in first 10 months Remittances from Egyptians working abroad reached a record $33.9 billion... Businessmen Team 21 Dec 2025 The figures, covering January to October, represent a surge in one of Egypt’s primary sources of fo...
CBE Governor: Arab financial stability challenges transcend borders Hassan Abdallah, Governor of the Central Bank of Egypt (CBE),... Businessmen Team 11 Dec 2025 Abdallah made the remarks during his address at the 20th High-Level Annual Meeting on Financial Sta...
Fitch predicts strong pound performance against dollar in 2026 Fitch Ratings released a strong outlook for Egypt's external sector... Businessmen Team 07 Dec 2025 Fitch noted a significant increase in portfolio investments since last August, driven by attractive...
CBE keeps interest rates unchanged The Monetary Policy Committee of the Central Bank of Egypt... Businessmen Team 20 Nov 2025 It also decided to maintain the discount rate at 21.50%. This decision reflects the Committee's ass...
CBE Launches FinTech Got Talent 2025 to Boost Youth Innovation The Central Bank of Egypt (CBE) launched the third edition... Businessmen Team 03 Nov 2025 The CBE recently hosted the launch event, where Rami Aboul Naga, Deputy Governor of the CBE, delive...
