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Business
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Economy
7/13/2026 9:16:49 PM
The Egyptian pound traded over EGP 50/$1 across 12 banks on Monday's close of business (COB), continuing to weaken amid escalating regional conflict and the Strait of Hormuz closure.
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Business
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Economy
7/8/2026 8:00:05 PM
The Egyptian pound weakened by the close of business (COB) on Wednesday, trading closer to EGP 50/$1 across 12 banks and ending an almost three-and-a-half-week recovery streak due to the US launching extensive strikes on Iran late on Tuesday.
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Business
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Economy
7/5/2026 6:23:28 PM
The Egyptian pound continued to strengthen by Sunday’s close of business (COB), trading below EGP 49/$1 at 10 banks for the first time since the outbreak of the US-Israeli war on Iran.
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Business
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Economy
7/5/2026 3:50:29 PM
Egyptian banks’ corporate social responsibility (CSR) contributions rose to 50 percent in the health sector during the first quarter (1Q) of 2026, according to a Central Bank of Egypt (CBE) statement on Sunday.
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Opinion
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6/30/2026 6:13:34 PM
Healthy financial systems are built on well-regulated commercial banks that provide most household and small-business financing complemented by a properly supervised non-bank sector
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Business
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Economy
6/24/2026 7:05:46 PM
Egyptian banks are expanding their range of Egyptian pound-denominated savings certificates, offering higher returns and introducing new products as lenders compete to attract household savings amid persistent inflation and evolving interest rate expectations.
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Business
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Markets & Companies
6/17/2026 3:45:17 PM
Ongoing geopolitical conflicts, mainly the US-Israeli war on Iran, are prompting central banks worldwide to strengthen their gold reserves as a hedge against economic and financial risks, with 89 percent of respondents to the World Gold Council's latest survey expecting global official gold holdings to increase over the next 12 months.
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Business
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Economy
5/19/2026 9:51:07 PM
Egypt’s banks will close for six days starting Tuesday, 26 May, for the Eid Al-Adha holiday, the Central Bank of Egypt (CBE) said in a statement.
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World
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International
5/15/2026 12:43:04 PM
The head of US Border Patrol, the agency tasked with securing the nation's frontiers and increasingly tapped by the Trump administration for immigration operations in American cities, announced his resignation Thursday.
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Business
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Economy
5/14/2026 7:16:47 PM
The Egyptian pound weakened by nearly EGP 5 by Thursday’s close of business (COB), losing around 10.4 percent of its value compared with its pre-war level of EGP 47.9 against the US dollar, according to the trading rates by the Central Bank of Egypt and other banks.
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Business
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Economy
4/30/2026 6:32:12 PM
The Commercial International Bank (CIB) launched a new certificate of deposit (CD) on Thursday, offering a fixed annual return of up to 17.5 percent, with monthly payouts, as competition intensifies among Egyptian banks to attract retail deposits in a high-interest-rate environment.
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Business
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Economy
4/28/2026 3:00:22 PM
The Central Bank of Egypt (CBE) announced that all banks operating in the domestic market will suspend work on Thursday, 7 May 2026, in observance of Labour Day, according to a statement by the bank on Tuesday.
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Egypt
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Society
4/23/2026 5:18:24 PM
Egypt’s banking sector has announced a series of precautionary measures and temporary service interruptions as the country prepares to move to summer time on Friday, 24 April, when clocks will be set forward by one hour at midnight.
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Business
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Economy
4/22/2026 3:30:23 PM
Egypt’s state-owned banks, the National Bank of Egypt (NBE) and Banque Misr (BM) have increased the annual yield rates on their certificates of deposit (CDs) with a three-year maturity, starting Wednesday 22 April, according to bank statements.
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Egypt
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Foreign Affairs
4/19/2026 3:59:31 PM
In a landmark visit marking two decades since his last journey to the banks of the Nile, His Royal Highness Prince Radu of Romania sat down with Ahram Online to reflect on a century of enduring friendship between Cairo and Bucharest.
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Business
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Economy
3/31/2026 6:31:08 PM
The Egyptian pound weakened further on Tuesday, with the US dollar approaching EGP 55 at some banks, as regional conflict continued to weigh on the currency, according to data from several banks at the close of business (COB) on Tuesday.
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Business
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Economy
3/30/2026 9:05:46 PM
The Central Bank of Egypt (CBE) stated on Monday that all banking services will continue to operate at full capacity without disruption while implementing Sundays as remote work in line with the government directives to rationalise the consumption of energy amid the US-Israeli war on Iran.
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Business
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Economy
3/26/2026 8:41:56 PM
Egyptian banks showed their resilience by the end of 2025, providing financing for various sectors, increasing the GDP and investment rates, and creating job opportunities in the banking sector, according to a Central Bank of Egypt (CBE) statement on Thursday.
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Arts & Culture
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Visual Art
3/24/2026 12:50:30 PM
Years before the rise of Instagram, Banksy figured out that the key to real influence lay in not being famous, exactly, but in being anonymous.
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Sports
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World
3/17/2026 7:57:22 PM
Gio Reyna remains welcome on the U.S. national team despite a lack of club playing time and Noahkai Banks is still undecided whether to commit to the Americans or Germany.
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