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Business
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Economy
12/5/2024 1:04:17 PM
The Central Bank of Egypt (CBE) said in a statement on Thursday that it has launched a new service that enables the instantaneous receipt of inbound remittances and their immediate crediting to customers' bank accounts.
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Business
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Economy
12/4/2024 4:26:05 PM
The Central Bank of Egypt (CBE) announced in its "External Position of the Egyptian Economy" report, published Tuesday, that Kuwait had extended a $2 billion deposit for an additional year.
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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
11/12/2024 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
10/16/2024 2:01:56 PM
The Central Bank of Egypt (CBE) will review the key interest rates in its Thursday meeting, with banking experts expecting the CBE to keep the interest rates unchanged.
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Business
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Economy
9/30/2024 11:59:15 AM
The Central Bank of Egypt (CBE) and the Central Bank of Tunisia have signed a memorandum of understanding (MoU) in the banking sector to enhance cooperation in areas of mutual interest, including the exchange of experiences in financial stability and monetary policy.
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Business
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Economy
8/22/2024 2:58:59 PM
The Central Bank of Egypt (CBE) denied in a statement the circulating news about setting new limits on the daily and monthly foreign exchange (FX) withdrawals starting in September.
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Business
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Economy
8/20/2024 2:58:36 PM
The Central Bank of Egypt (CBE) sold EGP 4.162 billion in EGP-denominated treasury bonds (T-bonds) with fixed coupons after accepting 12 bids out of the 73 submitted on Monday, with an annual coupon rate of 25.318 percent and a maturity date of 13 August 2027 for a three-year tenor, according to data from the CBE.
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Business
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Economy
8/13/2024 5:04:34 PM
The Central Bank of Egypt (CBE) sold on Tuesday 609.8 million euros in euro-denominated treasury bills (T-bills), with a 364-day maturity period, according to the bank’s website.
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Business
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Economy
7/3/2024 1:50:29 PM
The Central Bank of Egypt (CBE) signed on Tuesday the Women Entrepreneurs Finance Code initiative (We-Fi) agreement with the European Bank for Reconstruction and Development (EBRD) to finance women entrepreneurs, the CBE said in a statement.
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Business
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Economy
4/15/2024 2:36:33 PM
The Central Bank of Egypt (CBE) has raised the daily cash withdrawal limit in Egyptian pounds for corporations and individuals from banks to EGP 250,000, up from EGP 150,000.
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Business
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Tech
4/4/2024 4:32:18 PM
The Central Bank of Egypt (CBE) launched on Thursday the "Women for Women in FinTech" initiative to provide innovative solutions for women entrepreneurs across various sectors to help them expand their businesses.
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Al-Ahram Weekly
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Opinion
3/12/2024 8:22:49 PM
It is time to break from Joseph’s prophecy.
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Business
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Economy
2/12/2024 1:13:33 PM
The Central Bank of Egypt (CBE) released a series of measures meant to regulate the use of credit cards by Egyptians abroad. Under the new instructions, customers who fail to provide documented evidence of credit card use during their stay abroad within a maximum period of 90 days will be subject to a series of measures, including the suspension of their credit card and being listed on a platform managed by the Egyptian Credit Bureau.
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Business
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Economy
1/8/2024 2:52:30 PM
The Central Bank of Egypt (CBE) is set to launch the electronic pound by 2030 to increase the efficiency of monetary policy, read a government document released in January.
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Business
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Economy
1/3/2024 2:03:34 PM
The Central Bank of Egypt (CBE) issued on Tuesday $830 million in USD-denominated treasury bills (T-bills) with a one-year maturity, according to the bank’s website.
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Business
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Economy
11/13/2023 1:42:42 PM
Kuwait has prolonged the tenor of a $4 billion deposit at the Central Bank of Egypt (CBE) to support the country’s international reserves, according to data released by the bank.
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Business
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Economy
11/5/2023 5:36:57 PM
The Central Bank of Egypt (CBE) revealed a slight uptick in international reserves, climbing to $35.1 billion in October from $34.97 billion in September, according to data released on Sunday.
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Business
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Economy
11/1/2023 5:09:44 PM
The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) is scheduled to hold its penultimate meeting for 2023 on Thursday to review key interest rates amid the latest economic developments on the local and global fronts.
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