Wednesday 05 Mar

Central Bank

51.3% growth in Egyptian overseas remittances
2025/02/25

51.3% growth in Egyptian overseas remittances

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...

Dollar price stabilizes against Egyptian pound
2025/02/08

Dollar price stabilizes against Egyptian pound

The US dollar price remained relatively stable against the Egyptian pound on Saturday, February 8, 2025, a bank holiday. This information is based on the...

Sisi directs development of banking services, secure electronic payments
2025/01/14

Sisi directs development of banking services, secure electronic payments

President Abdel Fattah El-Sisi met today, Tuesday, with Dr. Moustafa Madbouly, Prime Minister, Hassan Abdullah, Governor of the Central Bank, Lieutenant General Ahmed El-Shazly, Head...

Dollar stable against Egyptian pound Thursday
2025/01/02

Dollar stable against Egyptian pound Thursday

The Egyptian pound has seen a period of relative stability against the US dollar on Thursday, January 2, 2025, following a decline of over 3%...

Madbouly: President directs CBE, Finance Ministry to coordinate on monetary policy
2025/01/01

Madbouly: President directs CBE, Finance Ministry to coordinate on monetary policy

At the first government meeting of the new year on Wednesday, Prime Minister Dr. Moustafa Madbouly emphasized directives from President Abdel Fattah El-Sisi on the...

Sisi: Boosting foreign reserves for industry, production
2024/12/31

Sisi: Boosting foreign reserves for industry, production

President Abdel Fattah El-Sisi met Tuesday, with Prime Minister Dr. Moustafa Madbouly, Governor of the Central Bank Hassan Abdullah, and Minister of Finance Ahmed Kouchouk.

CBE extends InstaPay fee waiver for individuals
2024/12/30

CBE extends InstaPay fee waiver for individuals

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...

CBE funds Mansoura Liver Transplant Center
2024/12/29

CBE funds Mansoura Liver Transplant Center

The Central Bank of Egypt (CBE) has played a crucial role in equipping the new National Liver Transplant Center at Mansoura University. This state-of-the-art facility,...