Economy

US dollar exchange rate stabilizes against the Egyptian pound at Egypt’s major banks

US dollar exchange rate stabilizes against the Egyptian pound at Egypt’s major banks

The US dollar exchange rate against the Egyptian pound remained stable in banks on Thursday. The greenback maintained its latest…
Double your money – details of the 4-Year Bullet Certificate of Deposit from AAIB

Double your money – details of the 4-Year Bullet Certificate of Deposit from AAIB

The Arab African International Bank has provided many types of certificates of deposits to customers, including the four-year certificate with…
CAPMAS: Annual inflation rate declines to 23.4 percent in December

CAPMAS: Annual inflation rate declines to 23.4 percent in December

Egypt’s annual inflation rate declined to 23.4 percent in December 2024 against 25 percent in November, the Central Agency for…
Egypt’s foreign reserves exceed $47 billion

Egypt’s foreign reserves exceed $47 billion

The Central Bank of Egypt announced on Monday, that net foreign reserves have increased to $47.109 billion in December, compared…
US dollar exchange rate against Egyptian pound at Egypt’s major banks

US dollar exchange rate against Egyptian pound at Egypt’s major banks

The US dollar exchange rate against the Egyptian pound remained stable on Friday, across 17 local banks, holding at the…
CBE extends exemption for individuals on transfer fees via InstaPay

CBE extends exemption for individuals on transfer fees via InstaPay

The Board of Directors of the Central Bank of Egypt issued several decisions that include extending the exemption of customers…
US dollar exchange rate in Egypt remains stable on Saturday

US dollar exchange rate in Egypt remains stable on Saturday

The US dollar exchange rate against the Egyptian pound remained stable in banks on Saturday. The greenback maintained its latest…
US dollar exchange rate against Egyptian pound at major banks on Friday

US dollar exchange rate against Egyptian pound at major banks on Friday

On Friday, the Egyptian pound exhibited renewed stability against the US dollar, holding onto its most recent decline as reflected…
Remittances from Egyptian expats at US$23.7 billion from January to October: CBE

Remittances from Egyptian expats at US$23.7 billion from January to October: CBE

The Remittances of Egyptians working abroad has achieved successive leaps following the reform measures in March, increasing during October by…
Egypt to be among the largest economies in the world by 2075: Report

Egypt to be among the largest economies in the world by 2075: Report

A recent economic report monitoring the conditions of several African countries predicts that Egypt will become among the largest economies…
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