News

Egypt's central bank expected to keep interest rates steady on July 10
The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate ...
Egypt's Central Bank Expected to Keep Interest Rates Steady on July 10: Reuters Poll
The central bank lowered rates by 100 basis points on May 22 and by 225 basis points on April 17, its first adjustments since ...
Zawya5h
Central Bank of Egypt temporarily raises daily withdrawal limit, extends bank hours amid telecom disruptions
Egypt - The Central Bank of Egypt (CBE) has announced a temporary increase in the daily cash withdrawal limit for individuals and companies at bank branches, raising the cap in local currency to EGP ...
ZAWYA1d
Egypt calls for stronger central bank cooperation, local currency use at BRICS summit
We must enhance cooperation between the central banks of the BRICS countries and advance our efforts in enabling financial ...
CBE Temporarily Raises Daily Withdrawal Limit To EGP 500,000, Extends Bank Hours Amid Telecom Disruptions
The Central Bank of Egypt (CBE) has announced a temporary increase in the daily cash withdrawal limit for individuals and ...
Egyptian Authorities Race To Contain Fallout From Fatal Telecom Fire
Egyptian authorities on Tuesday raced to contain the fallout from a fatal fire at a key Cairo telecommunications hub, ...
Ahram Online1d
CBE directs Egypt banks to support exporters in meeting global environmental standards
The Central Bank of Egypt (CBE) has instructed banks to actively support exporting clients in aligning their production ...
Ahram Online1d
Egypt net int’l foreign reserves hit $48.7 bln in June: CBE
Egypt’s net international foreign reserves (NIRs) increased by $174 million at the end of June to $48.7 billion, the highest ...
Middle East Institute6d
Egypt and Saudi Arabia: Any good relationship needs work
Egypt and Saudi Arabia share many foreign policy and regional security objectives and have a long and complicated ...