Central Bank of Egypt (CBE)

Will the US dollar rise after the CBE cut interest rates?
Business

Will the US dollar rise after the CBE cut interest rates?

Economic expert Mohamed Fouad revealed the impact of the Central Bank of Egypt‘s (CBE) recent decision to reduce interest rates…
Central Bank of Egypt to cut interest rates, expert says
Business

Central Bank of Egypt to cut interest rates, expert says

Banking expert Tarek Metwally anticipates the Central Bank of Egypt (CBE) to cut interest rates by 200 basis points (equivalent…
Central Bank of Egypt announces increase in net foreign assets
Business

Central Bank of Egypt announces increase in net foreign assets

The net foreign assets of the Egyptian banking system jumped by approximately US$1.5 billion during February, reaching $10.17 billion, compared…
InstaPay updates fees and tariffs for money transfers
Egypt

InstaPay updates fees and tariffs for money transfers

The instant payment network, InstaPay Egypt, has released a new update to its fees and tariffs. InstaPay is a modern…
CBE may cut interest rates by 6% in next 2 meetings: J.P. Morgan
Economy

CBE may cut interest rates by 6% in next 2 meetings: J.P. Morgan

American multinational financial firm J.P. Morgan anticipates interest rates in Egypt to be cut by six percent during the Central…
CBE announces bank working hours for Ramadan 2025
Egypt

CBE announces bank working hours for Ramadan 2025

The Central Bank of Egypt (CBE) issued a statement on Tuesday, specifying the working hours of banks during the holy…
Egypt’s external debt sees new rise despite Ras al-Hekma deal funds
Economy

Egypt’s external debt sees new rise despite Ras al-Hekma deal funds

Egypt’s external debt rose again during the first quarter of fiscal year 2024-2025 compared to the last quarter of the…
CBE extends exemption for individuals on transfer fees via InstaPay
Business

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

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 launches tokenization for payment cards on mobile apps, Apple Pay service
Business

Egypt launches tokenization for payment cards on mobile apps, Apple Pay service

The Central Bank of Egypt (CBE) announced that it has launched the tokenization of payment cards on mobile applications and…
Back to top button