deposit
Banque Misr, NBE provide services on holiday for savings certificates purchase
Business
January 6, 2023
Banque Misr, NBE provide services on holiday for savings certificates purchase
Banque Misr and the National Bank of Egypt have announced providing service for customers, on Friday January 6. These include…
What is the impact of CBE’s decisions on dollar prices on the black market during 2023?
Business
January 4, 2023
What is the impact of CBE’s decisions on dollar prices on the black market during 2023?
A large part of the previous rise in the price of the US dollar has come as a result of…
Egypt sees a return of the 18% interest rates on longterm Bank deposits
Business
December 6, 2022
Egypt sees a return of the 18% interest rates on longterm Bank deposits
Many curious citizens have wondered about banks and the services they provide to customers: most importantly is the deposit savings…
CAPMAS announces 22.3% increase in bank deposits during 2020/2021
Business
February 20, 2022
CAPMAS announces 22.3% increase in bank deposits during 2020/2021
The Central Agency for Public Mobilization and Statistics announced that bank deposit balances in 2020/2021 were LE5,731.5 billion, an increase…
Egypt’s Parliament considers imposing monthly fees on foreigners’ escorts
Travel
June 1, 2018
Egypt’s Parliament considers imposing monthly fees on foreigners’ escorts
Egypt’s Parliamentary Committee of Proposals and Complaints preliminary approved the proposal, submitted by parliamentarian Kamal Amer, which stipulates imposing…
Egypt mulls granting residence permits to foreigners in return for bank deposits
Egypt
April 28, 2017
Egypt mulls granting residence permits to foreigners in return for bank deposits
The National Defense and Security Committee of the House of Representatives approved on Thursday a draft law submitted by the…
Egypt raises cap on FX deposits for food, capital machinery, manufacturing components, medicine
Business
January 26, 2016
Egypt raises cap on FX deposits for food, capital machinery, manufacturing components, medicine
Egypt's central bank raised the cap on foreign currency deposits to US$250,000 a month for importing food, capital machinery, manufacturing…
Egypt shuns Qatari offer to renew dollar deposits
Business
January 4, 2016
Egypt shuns Qatari offer to renew dollar deposits
Egypt has turned down a Qatari offer through intermediaries to extend the grace period for paying back bonds worth US$1…
Egypt negotiates with UAE over $3 billion deposit
Egypt
September 19, 2014
Egypt negotiates with UAE over $3 billion deposit
A senior government official said Egypt is negotiating with the UAE to get a new deposit equal to US$3 billion…
Libya denies sparing Egypt repayment of US$2bn deposit
Egypt
September 6, 2014
Libya denies sparing Egypt repayment of US$2bn deposit
Libya's Central Bank denied on Saturday sparing Egypt the repayment of a US$2 billion deposit placed at the Central Bank…