CBE lowers interest rates by significant 2.25% In its meeting on Thursday, April 17, 2025, the Monetary... Businessmen Team 17 Apr 2025 The Monetary Policy Committee considers the 225 basis point cut in the Central Bank's key interest...
Arab Financial Inclusion Day: Free bank accounts for citizens On the occasion of "Arab Financial Inclusion Day," employees from... Businessmen Team 10 Apr 2025 This outreach aims to enhance financial inclusion by providing accessible and convenient services t...
US dollar stable in Eid al-Fitr The US dollar remained stable in transactions on Monday, March... Businessmen Team 01 Apr 2025 US dollar prices in Egyptian banks Monday:Central Bank of Egypt: EGP 50.52 for buying, EGP 50.62 for...
Cabinet discusses fifth review reforms with IMF Dr. Moustafa Madbouly, Prime Minister, met with the cabinet to... Businessmen Team 27 Mar 2025 During the meeting, the Prime Minister affirmed the continuation of various efforts to achieve the...
Banks closed Sunday to Tuesday for Eid al Fitr The Central Bank of Egypt announced Thursday that all banks... Businessmen Team 27 Mar 2025 In a statement, the Central Bank confirmed that operations will resume on Wednesday, April 2nd.Howe...
IMF approves $1.3B loan for Egypt The International Monetary Fund (IMF) has approved a $1.3 billion... Businessmen Team 13 Mar 2025 This strategy resulted from collaborative efforts involving the Central Bank of Egypt, Ambassador M...
Central Bank Governor leads Egypt's G20 delegation Mr. Hassan Abdalla, Governor of the Central Bank of Egypt,... Businessmen Team 10 Mar 2025 The meetings focused on South Africa's G20 presidency priorities and the 2025 vision, including enh...
PM meets Central Bank Governor on key files Prime Minister Dr. Moustafa Madbouly met Sunday evening at the... Businessmen Team 10 Mar 2025 Counselor Mohamed El-Homossany, the official spokesman for the Presidency of the Council of Ministe...
51.3% growth in Egyptian overseas remittances Following the March 2024 economic reforms, remittances from Egyptians working... Businessmen Team 25 Feb 2025 For the first half of the 2024/2025 fiscal year (July-December 2024), remittances climbed 80.7% to...
Dollar price stabilizes against Egyptian pound The US dollar price remained relatively stable against the Egyptian... Businessmen Team 08 Feb 2025 US dollar price in the Central Bank of EgyptPurchase price: EGP50.25 Selling price: EGP50.38Dollar p...
Sisi directs development of banking services, secure electronic payments President Abdel Fattah El-Sisi met today, Tuesday, with Dr. Moustafa... Businessmen Team 14 Jan 2025 The official spokesman for the Presidency stated that the meeting discussed the Central Bank's effo...
Dollar stable against Egyptian pound Thursday The Egyptian pound has seen a period of relative stability... Businessmen Team 02 Jan 2025 Economic analysis of exchange rate developments:According to Investing.com, Mahmoud Khalifa, Head...
