El-Halfawy highlights top sectors for EGX investment Mahmoud El-Halfawy, governance and compliance expert, advised capital market investors... Businessmen Team 09 Jan 2026 El-Halfawy expected the Central Bank of Egypt to move toward additional interest rate cuts during t...
Egypt to launch Africa’s first specialized gold bank in Cairo Mohamed Attia El Fayoumi, Chairman of the Qalyubia Chamber of... Businessmen Team 03 Jan 2026 El Fayoumi made the remarks following the Central Bank of Egypt’s announcement of an unprecedented...
USD, EGP exchange rate remains stable Businessmen Team 03 Jan 2026 The US dollar exchange rate against the Egyptian pound remained relatively stable in several Egypti...
USD, EGP exchange rate remains stable The US dollar remained stable against the Egyptian pound at... Businessmen Team 31 Dec 2025 Dollar rates at major Egyptian banks:National Bank of Egypt:Buying: EGP 47.65 Selling: EGP 47.75Ban...
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...
Egyptian pound holds steady against US dollar The US dollar remained stable against the Egyptian pound during... Businessmen Team 28 Dec 2025 Dollar rates at major Egyptian banks:Central Bank of Egypt:Buying: EGP 47.58 Selling: EGP 47.72Nati...
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...
US dollar stabilizes against Egyptian pound The US dollar remained stable against the Egyptian pound at... Businessmen Team 25 Dec 2025 Dollar rates in Egyptian banks:Central Bank of Egypt:Buying: EGP 47.53Selling: EGP 47.66National Ban...
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...
Abdel Wahab: CBE set to cut interest rates amid falling inflation Dr. Mohamed Abdel Wahab, an economic analyst and financial advisor,... Businessmen Team 24 Dec 2025 Abdel Wahab explained that the drop in the annual urban inflation rate to 12.3% in November, compar...