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...
NTRA, CPA launch extensive training to strengthen telecom user rights The National Telecom Regulatory Authority(NTRA) and the Consumer Protection Agency... Businessmen Team 24 Dec 2025 The program focused on building both institutional and operational capacities for staff members of...
USD, EGP exchange rate remains stable The US dollar remained stable against the Egyptian pound on... Businessmen Team 24 Dec 2025 The dollar also held steady at the Central Bank of Egypt at EGP 47.52 for buying and EGP 47.65 for...
Madinet Masr signs EGP 1.45b deal for Sarai project Real estate developer Madinet Masr has signed a memorandum of... Businessmen Team 24 Dec 2025 Under the agreement, Forward Contractors will execute works valued at 1.45 billion Egyptian pounds....
Dollar price declined in Egypt on Tuesday The US dollar declined against the Egyptian pound on Tuesday,... Businessmen Team 23 Dec 2025 Dollar rates today in Egyptian banks:Central Bank of Egypt:Buying: EGP 47.40Selling: EGP 47.53Banque...
Giza Contracting increases capital to boost construction, real estate activities Giza General Contracting and Real Estate Investment Company has decided... Businessmen Team 23 Dec 2025 The company’s issued and paid-up capital is set to rise from EGP 288.54 million to EGP 432.81 milli...
Egypt, IMF agree on combined 5th & 6th reviews International Monetary Fund (IMF) staff and Egyptian authorities have reached... Businessmen Team 23 Dec 2025 IMF mission chief Ivanna Vladkova Hollar stated Tuesday that Egypt’s stabilization efforts are yiel...
