Monday 25 Nov

Central Bank

Morgan Stanley expects status quo on Egypt rates
2024/11/19

Morgan Stanley expects status quo on Egypt rates

Morgan Stanley expects the Central Bank of Egypt to maintain interest rates unchanged at its Monetary Policy Committee meeting the coming Thursday.

Sisi pledges relief amid rising costs
2024/11/03

Sisi pledges relief amid rising costs

President Abdel Fattah El-Sisi received on Sunday Director General of the International Monetary Fund Kristalina Georgieva, and the high-level delegation accompanying her, in the presence...

Libya's oil revival looms as parliament approves Central Bank head
2024/10/01

Libya's oil revival looms as parliament approves Central Bank head

The Libyan Parliament has approved the appointment of a new governor for the Central Bank, thus ending the dispute over control of the country's vast...

Madbouly calls for stronger public-private partnerships in infrastructure
2024/10/01

Madbouly calls for stronger public-private partnerships in infrastructure

Prime Minister Dr. Moustafa Madbouly, and Hassan Abdullah, Governor of the Central Bank, opened this morning, Tuesday, the work of the forty-eighth regular session of...

InstaPay commercial version to be launched soon
2024/09/29

InstaPay commercial version to be launched soon

The Central Bank is reportedly preparing to introduce a commercial transaction variant of the Instapay application in October. This move comes in response to the...

Central Bank to offer The United Bank shares on the stock exchange
2024/09/22

Central Bank to offer The United Bank shares on the stock exchange

The Central Bank of Egypt (CBE) has decided to offer a portion of the shares of The United Bank on the Egyptian Exchange. The offering...

Gold prices fluctuate, dollar steady
2024/08/24

Gold prices fluctuate, dollar steady

The price of gold in Egypt has fluctuated significantly since Friday, primarily due to shifting global gold prices. Despite the US dollar exchange rate remaining...

Central Bank: Foreigners can now open bank accounts
2024/08/11

Central Bank: Foreigners can now open bank accounts

The Central Bank of Egypt announced today, Sunday, that foreign non-residents can now open bank accounts in Egypt. These accounts allow for various banking services....