Thursday 19 backend.Sep

Central Bank

Central Bank profitability soars following policy shift
2024/08/27

Central Bank profitability soars following policy shift

The Central Bank of Egypt announced today, Tuesday, that it has succeeded, for the first time in seven years, in turning to profitability in the...

Dollar price drops in several Egyptian banks
2024/08/25

Dollar price drops in several Egyptian banks

The Egyptian pound strengthened against the US dollar, on Sunday, August 25, 2024, at several private and public banks. The Central Bank of Egypt maintained...

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...

Dollar to pound exchange rate Saturday
2024/08/17

Dollar to pound exchange rate Saturday

The US dollar exchange rate remained stable on Saturday against the Egyptian pound across various Egyptian government and private banks

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....

Kouchouk: Egypt to secure third IMF tranche worth $820 million
2024/07/30

Kouchouk: Egypt to secure third IMF tranche worth $820 million

Ahmed Kouchouk, Minister of Finance, said that the approval of the International Monetary Fund's Board of Directors for the third review of Egypt's economic reform...

US dollar exchange rate in Egypt Monday
2024/07/29

US dollar exchange rate in Egypt Monday

The Egyptian pound maintained its stability against the US dollar today across various banks operating in the Egyptian banking market.

Egyptian pound stays stable
2024/07/22

Egyptian pound stays stable

The exchange rate between the US dollar and the Egyptian pound remained steady in banks today, July 22nd, 2024, following yesterday's increase and the Central...