The US dollar remained stable in transactions on Monday, March 31, 2025, the first day of Eid al-Fitr. The exchange rate recorded 50.52 Egyptian pounds...
The Central Bank of Egypt announced Thursday that all banks in Egypt will be closed from Sunday, March 30th, until Tuesday, April 1st, for the...
Mr. Hassan Abdalla, Governor of the Central Bank of Egypt, led the Egyptian delegation at the first 2025 meeting of the G20 Finance Ministers and...
Following the March 2024 economic reforms, remittances from Egyptians working abroad surged. December 2024 saw a doubling to $3.2 billion (from $1.6 billion in December...
As part of Egypt’s Vision 2030 to foster digital transformation, the Board of Directors of the Central Bank of Egypt (CBE) has issued a set...
Hisham Talaat Moustafa, prominent businessman and CEO of Talaat Moustafa Holding Group (TMG), warned on Wednesday that the current 32% interest rate is unsustainable for...
As part of the Central Bank of Egypt's efforts to support the transition towards a less cash-dependent society and to stimulate the expansion of electronic...
In a continued effort to bolster regional banking relations and enhance economic cooperation with African nations, the Central Bank of Egypt has approved an agreement...