CBE funds Mansoura Liver Transplant Center The Central Bank of Egypt (CBE) has played a crucial... Businessmen Team 29 Dec 2024 This initiative aligns with President Abdel Fattah El-Sisi's vision of a decent life for all citize...
Egyptian banks off Wednesday, January 1st The Central Bank of Egypt announced today, Sunday, that due... Businessmen Team 29 Dec 2024 Normal banking operations will resume on Thursday, January 2, 2025.
Hisham Talaat warns: 32% interest rate unsustainable for businesses Hisham Talaat Moustafa, prominent businessman and CEO of Talaat Moustafa... Businessmen Team 26 Dec 2024 During a meeting with Prime Minister Dr. Moustafa Madbouly and other leading businessmen and invest...
Central Bank enables mobile payment card encoding As part of the Central Bank of Egypt's efforts to... Businessmen Team 12 Dec 2024 The service was launched in cooperation with international card networks Visa and Mastercard, the n...
Kouchouk: Simplified tax system for businesses under EGP15 million Finance Minister Ahmed Kouchouk emphasized that the fiscal and tax... Businessmen Team 11 Dec 2024 Speaking at the opening of the annual "Habi" newspaper conference, Kouchouk announced the full imp...
Central Bank offers real-time foreign remittance service As part of its ongoing efforts to bolster the electronic... Businessmen Team 05 Dec 2024 This development marks a significant advancement in international money transfer services. Customer...
Dollar breaks 50-pound mark For the first time since the exchange rate was liberalized,... Businessmen Team 05 Dec 2024 This development aligns with the recent statements of Prime Minister Dr. Moustafa Madbouly, who ack...
Central Bank of Egypt joins PAPSS In a continued effort to bolster regional banking relations and... Businessmen Team 03 Dec 2024 Operated by the African Export-Import Bank (Afreximbank), PAPSS facilitates cross-border payments a...
Remittances from Egyptians abroad soared 107.7% In a positive economic indicator, remittances from Egyptians working abroad... Businessmen Team 25 Nov 2024 Data released by the Central Bank of Egypt on Monday revealed that remittances from Egyptians incre...
Sisi orders supply boost for industry, production President Abdel Fattah El-Sisi met, Monday, with Dr. Moustafa Madbouly,... Businessmen Team 25 Nov 2024 The President was informed of positive trends in the banking sector, including monetary policy and...
Morgan Stanley expects status quo on Egypt rates Morgan Stanley expects the Central Bank of Egypt to maintain... Businessmen Team 19 Nov 2024 Morgan Stanley also expects the Central Bank to start gradually reducing interest rates starting fr...
Sisi pledges relief amid rising costs President Abdel Fattah El-Sisi received on Sunday Director General of... Businessmen Team 03 Nov 2024 Ambassador Ahmed Fahmy, the official spokesman for the Presidency, stated that the meeting focused...
