Central Bank of Egypt (CBE)
CBE launches cash withdrawal from ATMs for InstaPay users soon
Business
November 25, 2023
CBE launches cash withdrawal from ATMs for InstaPay users soon
The Deputy Assistant Governor of the Central Bank of Egypt for Banking Operations and Payment Systems Ehab Nasr, announced on…
CBE reveals number of InstaPay users & volume of Egyptian transactions
Business
November 22, 2023
CBE reveals number of InstaPay users & volume of Egyptian transactions
The Assistant Deputy Governor for Payment Systems and Services at the Central Bank of Egypt (CBE) Ehab Nasr, announced that…
Central Bank of Egypt issues treasury bills worth LE 3 billion
Business
November 15, 2023
Central Bank of Egypt issues treasury bills worth LE 3 billion
The Central Bank of Egypt on Monday launched treasury bills with fixed and variable returns at a total value of…
CBE offers new instructions to facilitate use of credit cards outside Egypt
Business
October 29, 2023
CBE offers new instructions to facilitate use of credit cards outside Egypt
The Central Bank of Egypt issued new instructions to facilitate the use of credit cards abroad, with the aim of…
Banking expert explains CBE’s new decision on usage of credit cards abroad
Business
October 18, 2023
Banking expert explains CBE’s new decision on usage of credit cards abroad
Banking expert Mohamed Abdel-al explained that the Central Bank of Egypt’s decision to activate the maximum credit limit granted to…
Egypt’s gold reserves at $7.9 billion by the end of July: CBE
Business
August 7, 2023
Egypt’s gold reserves at $7.9 billion by the end of July: CBE
The Central Bank of Egypt announced that the value of gold listed in foreign exchange reserves by the end of…
Will Egyptian banks offer new high-yield CDs?
Economy
August 5, 2023
Will Egyptian banks offer new high-yield CDs?
Banking expert Tarek Metwally explained on Friday that the Central Bank of Egypt’s decision on raising interest rate by 100…
CBE: Mobile phone wallets up 20% to stand at 34 million by end of June
Egypt
July 27, 2023
CBE: Mobile phone wallets up 20% to stand at 34 million by end of June
The Central Bank of Egypt (CBE) announced that the total number of mobile phone wallets increased by nearly 20 percent…
Will Egypt raise key interest rates?
Business
July 11, 2023
Will Egypt raise key interest rates?
Economic experts anticipate the Central Bank of Egypt to fix interest rates during its next meeting, despite the US Federal…
Banks will go on holidays in Egypt for 6 days: CBE
Egypt
April 13, 2023
Banks will go on holidays in Egypt for 6 days: CBE
Banks operating in Egypt will be off for six days, starting from Thursday, April 20, 2023, until Tuesday, April 25,…