Central Bank of Egypt (CBE)

Arab countries invest the most in Egypt, UAE comes first
Business

Arab countries invest the most in Egypt, UAE comes first

The Central Bank of Egypt announced that Arab countries are at the forefront of nations investing with Egypt, with net…
Remittances of Egyptians abroad increase to US$ 29.1 billion in 11 months
Economy

Remittances of Egyptians abroad increase to US$ 29.1 billion in 11 months

Remittances of Egyptians working abroad from July 2021 to May 2022 reached about US$ 29.1 billion, an increase of 2.1…
Egypt’s foreign currency reserves down by US$ 1.628 billion in May, CBE
Economy

Egypt’s foreign currency reserves down by US$ 1.628 billion in May, CBE

The Central Bank of Egypt (CBE) said that the foreign currency reserves reached about US$35.495 billion at the end of…
CBE announces increase of US$ 41 million in foreign reserves during April
Economy

CBE announces increase of US$ 41 million in foreign reserves during April

The balance of foreign exchange reserves at the Central Bank of Egypt increased at the end of April by about…
US dollar exchange rate on Sunday in Egypt banks
Economy

US dollar exchange rate on Sunday in Egypt banks

The US dollar exchange rate witnessed stability over the past week due to the closure of banks during Eid al-Fitr…
CBE announces date of the Monetary Policy Committee meeting
Economy

CBE announces date of the Monetary Policy Committee meeting

An official source at the Central Bank of Egypt said that the Monetary Policy Committee of the bank will meet…
Egyptian banks to close on Sunday and Monday for national holidays
Economy

Egyptian banks to close on Sunday and Monday for national holidays

  The Central Bank of Egypt decided that on the occasion of Easter and the Sinai Liberation Day. All banks…
US dollar price stabilizes relatively Tuesday
Business

US dollar price stabilizes relatively Tuesday

The price of the US dollar relatively stabilized, Monday, April 4, 2022, at the beginning of trading, after the large…
In support of Egypt, Saudi Arabia provides billions as a deposit with CBE
Egypt

In support of Egypt, Saudi Arabia provides billions as a deposit with CBE

  The Kingdom of Saudi Arabia in implementation of the directives of the Custodian of the Two Holy Mosques, King…
Working hours for Egyptian banks during Ramadan 2022
Business

Working hours for Egyptian banks during Ramadan 2022

The Central Bank of Egypt announced the working hours of local banks during the holy month of Ramadan, from nine…
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