The Central Bank of Egypt (CBE)
CBE announces 87% increase in remittances of Egyptians working abroad
Business
September 10, 2024
CBE announces 87% increase in remittances of Egyptians working abroad
The Central Bank of Egypt (CBE) announced an 86.8 percent increase in remittances of Egyptians working abroad during July, for…
CBE: Sunday Official Bank Holiday On Occasion of June 30 Revolution Anniversary
Egypt
June 27, 2024
CBE: Sunday Official Bank Holiday On Occasion of June 30 Revolution Anniversary
The Central Bank of Egypt (CBE) decided to suspend work of all banks operating in Egypt next Sunday on the…
CBE announces Eid al-Adha holiday for banks operating in Egypt
Egypt
June 12, 2024
CBE announces Eid al-Adha holiday for banks operating in Egypt
The Central Bank of Egypt (CBE) announced on Tuesday that banks operating in Egypt will go on holiday from Sunday,…
CBE’s foreign exchange reserves rises to record level by end of May
Business
June 5, 2024
CBE’s foreign exchange reserves rises to record level by end of May
The Central Bank of Egypt (CBE) revealed an increase in the balances of gold listed in the foreign exchange reserve…
Egypt’s foreign reserves rise to US$35.249 billion by end of January
Business
February 7, 2024
Egypt’s foreign reserves rise to US$35.249 billion by end of January
The Central Bank of Egypt (CBE) revealed an increase in net foreign exchange reserves, reaching US$35.249 billion at the end…
National Bank of Egypt increases interest rates for certificates in 2024
Economy
February 7, 2024
National Bank of Egypt increases interest rates for certificates in 2024
The National Bank of Egypt (NBE) has adjusted the return on the Platinum Savings Certificate with a variable return, in…
Monday official holiday for Egyptian bank employees
Egypt
December 31, 2023
Monday official holiday for Egyptian bank employees
The Central Bank of Egypt announced that the end of the fiscal year for banks operating in Egypt on December…
Egyptian banks suspend usage of recently issued credit cards abroad for 6 months
Egypt
December 25, 2023
Egyptian banks suspend usage of recently issued credit cards abroad for 6 months
Several banks in Egypt have decided to stop the use of newly issued credit cards abroad for up to six…
Egypt sells treasury bills worth LE46 billion, at interest rate of 23.8%
Business
May 29, 2023
Egypt sells treasury bills worth LE46 billion, at interest rate of 23.8%
Egypt’s Finance Ministry accepted about 453 bids to sell treasury bills put forward by the Central Bank of Egypt in…
Banks across Egypt shut down on April 16-17: CBE
Egypt
April 10, 2023
Banks across Egypt shut down on April 16-17: CBE
The Central Bank of Egypt announced that banks will shut down during April 16-17. In a statement, the CBE explained…