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Business
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Economy
12/3/2024 5:18:24 PM
The Central Bank of Egypt (CBE) revealed in a statement on Tuesday that it signed an agreement in November to join the Pan-African Payment and Settlement System (PAPSS).
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Business
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Economy
12/3/2024 1:20:26 PM
The Central Bank of Egypt (CBE) announced on its website that it sold $980,5 million in USD-dominated treasury bills (T-bills) with a maturity period of 364 days on Monday.
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Business
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Economy
11/28/2024 8:57:10 PM
President Abdel-Fattah El-Sisi has issued a decree appointing the Central Bank of Egypt (CBE) board of directors, chaired by Hassan Abdullah, acting governor of CBE, for one year, effective 27 November.
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Business
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Economy
11/25/2024 4:41:44 PM
The Central Bank of Egypt (CBE) announced Monday that remittances from Egyptian expatriates surged to approximately $20.8 billion in the first nine months of 2024 (January-September), up from $14.6 billion during the corresponding period in 2023, marking a 42.6 percent increase.
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Business
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Tech
11/24/2024 9:12:08 PM
The team representing the Faculty of Economics and Political Science (FEPS) at Cairo University won first place in the "Arab FinTech Challenge for universities at GITEX Dubai 2024" for their project, "EZRAALI," the Central Bank of Egypt (CBE) announced on Sunday.
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Business
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Economy
11/21/2024 7:16:55 PM
The Central Bank of Egypt's (CBE) Monetary Policy Committee (MPC) decided Thursday to keep key interest rates unchanged for the fifth consecutive time.
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Business
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Economy
11/20/2024 8:37:37 PM
The US dollar reached its highest level against the Egyptian pound on Wednesday since March of this year, reaching EGP 49.80/$1, according to the Central Bank of Egypt's (CBE) official website.
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Business
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Economy
11/20/2024 3:20:37 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided to hold its penultimate meeting for 2024 on Thursday to review the key interest rates amid speculations that the CBE will keep the current interest rates unchanged despite the high inflation rates.
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Business
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Economy
11/20/2024 2:01:14 PM
The Central Bank of Egypt (CBE) plans to roll out its card tokenization system in the first quarter of 2025, according to Ehab Nasr, assistant sub-governor for payment systems and services.
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Business
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Tech
11/13/2024 2:14:57 PM
The Central Bank of Egypt (CBE) has announced that its Computing Incident Response Team (EG-CIRT) and Computing Incident Response Team for Financial Sector (EG-FinCIRT) have secured first places in the specialized drills at the Regional Cybersecurity Competition for Arab and Member States of the Organization of Islamic Cooperation (OIC).
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Business
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Economy
11/12/2024 8:12:55 PM
The Central Bank of Egypt (CBE) has denied recent media reports that the country has requested an increase in the upcoming tranche of its $8 billion loan program with the International Monetary Fund (IMF).
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Business
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Economy
11/12/2024 3:56:40 PM
In a first of its kind, the Central Bank of Egypt (CBE) announced Monday that 15-year-olds in Egypt can now open bank accounts without parental approval.
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Business
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Economy
11/12/2024 1:01:44 PM
The Central Bank of Egypt (CBE) announced on its website that it sold $1.57 billion in USD-denominated treasury bills (T-bills) with a one-year maturity on Monday.
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Business
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Economy
11/11/2024 1:31:46 PM
The Central Bank of Egypt (CBE) announced Monday that Egyptian expat remittance inflows into the country surged to approximately $2.6 billion in August, compared to $1.6 billion in August 2023, marking a 65.5 percent growth.
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Business
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Economy
11/11/2024 12:45:11 PM
Egypt's annual core inflation rate has continued its downward trend for the second consecutive month, declining to 24.4 percent in October, compared to 25 percent in September, according to data released by the Central Bank of Egypt (CBE) on Sunday.
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Business
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Economy
11/10/2024 7:25:42 PM
The Central Bank of Egypt (CBE) signed a cooperation protocol with the Health Ministry's Medical Emergency and Genetic and Rare Disease Fund.
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Business
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Economy
11/6/2024 4:09:06 PM
Egypt's net international reserves (NIRs) increased to $46.9 billion by the end of October, up from $46.7 billion in September, according to data published by the Central Bank of Egypt (CBE) on Wednesday.
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Business
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Economy
11/5/2024 2:54:07 PM
The Central Bank of Egypt (CBE) announced Tuesday that it has partnered with the Central Bank of Djibouti (CBD) to conduct a comprehensive training programme for the CBD officials.
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Business
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Economy
11/4/2024 4:39:42 PM
The Central Bank of Egypt (CBE) sold €642.8 million in euro-denominated treasury bills (T-bills) on Monday, with a maturity period of 364 days, according to the bank’s website.
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Business
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Economy
11/1/2024 1:56:31 PM
Egypt has recently received recognition for its significant progress in sustainable economic development during a visit by delegations from Zambia and Eswatini, which was hosted by the Central Bank of Egypt (CBE).
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