Egyptian pound holds steady against US dollar The US dollar maintained relative stability against the Egyptian pound... Businessmen Team 31 Jul 2025 The Central Bank of Egypt reported the dollar at 48.61 pounds for buying and 48.74 pounds for selli...
Egyptian remittances hit $32.8 Bln from July 2024 to May 2025 The Central Bank announced today, Wednesday, that remittances from Egyptians... Businessmen Team 23 Jul 2025 Looking at the January to May 2025 period specifically, remittances rose by 59% year-on-year, hitti...
CBE: Banks to Close on July 24 The Central Bank of Egypt (CBE) announced on Sunday that... Businessmen Team 20 Jul 2025 The bank stated that operations will resume on the morning of Sunday, July 27, 2025.
USD stable against EGP Wednesday July 16 The US dollar's exchange rate remained stable against the Egyptian... Businessmen Team 16 Jul 2025 US dollar exchange rates are displayed across all banks operating in the Egyptian market, allowing...
CBE keeps interest rates unchanged The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC)... Businessmen Team 10 Jul 2025 The committee also held the credit and discount rates steady at 24.50%.The decision reflects the la...
Central Bank temporarily raises daily cash withdrawal limit The Central Bank of Egypt (CBE) has temporarily increased the... Businessmen Team 08 Jul 2025 The move comes as many digital services have been affected since Monday evening due to a fire at th...
CBE drects Banks to support exporters The Central Bank of Egypt (CBE) has issued directives to... Businessmen Team 07 Jul 2025 These standards include a carbon border adjustment mechanism to ensure that carbon emissions from p...
Egyptian expat remittances surge to record $29.4 billion Remittances from Egyptians working abroad experienced an unprecedented surge during... Businessmen Team 23 Jun 2025 The transfers, spanning from July to April, represent a 77.1% increase compared to the roughly $16....
CBE: Banks to Close on June 26 and July 3 The Central Bank of Egypt (CBE) announced on Sunday that... Businessmen Team 22 Jun 2025 The bank stated that, on the occasion of the Islamic New Year 1447 AH, all banks operating in Egypt...
CBE issues new regulations for digital payment operators The Central Bank of Egypt (CBE) has issued new regulations... Businessmen Team 19 Jun 2025 The CBE said the new rules align with the provisions of Central Bank and Banking System Law No. 194...
Madbouly: CBE, Finance Ministry ramping up strategic reserves after Iran strike Prime Minister Moustafa Madbouly is closely monitoring the repercussions of... Businessmen Team 13 Jun 2025 The Prime Minister also confirmed that a meeting will be held with the Ministers of Electricity and...
DPI to manage Include FinTech Fund In a strategic move to bolster the FinTech sector, the... Businessmen Team 12 Jun 2025 Rami Aboul Naga, Deputy Governor of the CBE, witnessed the signing ceremony of the agreement to ass...
