Hassan Abdullah sees Mediterranean financial system opportunities The Central Bank of Egypt (CBE) hosted the ninth edition... Businessmen Team 01 Oct 2025 The high-level conference, held in light of Egypt's commitment to strengthening ties with key devel...
Banks to close Thursday for October War anniversary The Central Bank of Egypt (CBE) announced on Wednesday that... Businessmen Team 01 Oct 2025 The CBE said in a statement that banking operations will resume on Sunday morning, October 12, 2025...
Expatriate remittances to Egypt surge to all-time high of $36.5B Remittances from Egyptians working abroad more than doubled over the... Businessmen Team 29 Sep 2025 The Media Center attributed the record leap in transfers to the Central Bank of Egypt's (CBE) monet...
President meets CBE Governor, notes economic improvement President Abdel Fattah El-Sisi met on Sunday with Central Bank... Businessmen Team 28 Sep 2025 President Sisi reviewed the latest positive trends, such as a decline in the exchange rate and the...
Remittances from Egyptian expats hit record high Remittances from Egyptians working abroad surged by 49.7% to approximately... Businessmen Team 24 Sep 2025 On a monthly basis, July 2025 saw remittances reach a historical high, jumping 26.3% to about $3.8...
CBE hosts South African delegation to explore Egypt’s experience The Central Bank of Egypt (CBE) recently received a delegation... Businessmen Team 23 Sep 2025 The delegation included nine experts from the South African Reserve Bank. Their goal was to gain an...
Global Finance upgrades Central Bank Governor's rating Central Bank of Egypt Governor Hassan Abdalla received an A-... Businessmen Team 14 Sep 2025 Abdalla's new grade is an improvement from the B+ rating he received in 2024. The rating recognizes...
Strengthening partnership between Ministry of Finance, Public Prosecution Public Prosecutor Mohamed Shawki met with Finance Minister Ahmed Kouchouk... Businessmen Team 14 Sep 2025 Shawki described the meeting as a distinguished example of constructive integration between state i...
USD stable against EGP on Monday The US dollar remained stable against the Egyptian pound on... Businessmen Team 01 Sep 2025 The exchange rate held steady in major banks, with the dollar trading at 48.54 pounds for buying an...
CBE lowers interest rates by 2% The Monetary Policy Committee (MPC) of the Central Bank of... Businessmen Team 28 Aug 2025 The CBE said the move reflects its assessment of recent inflation trends and outlook, with annual h...
Egypt records record $36.5 bln in remittances from abroad Remittances from Egyptians working abroad surged to a record $36.5... Businessmen Team 26 Aug 2025 The significant rise was particularly notable in the final quarter of the fiscal year (April to Jun...
Sisi extends Central Bank chief's term President Abdel Fattah El-Sisi on Monday extended the mandate of... Businessmen Team 18 Aug 2025 The decision was made in accordance with the constitution and Law No. 194 of 2020 on the Central Ba...
