Sunday 23 Feb

Central Bank of Egypt

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,...

Egyptian banks off Wednesday, January 1st
2024/12/29

Egyptian banks off Wednesday, January 1st

The Central Bank of Egypt announced today, Sunday, that due to the end of the fiscal year for all banks operating in Egypt on December...

Hisham Talaat warns: 32% interest rate unsustainable for businesses
2024/12/26

Hisham Talaat warns: 32% interest rate unsustainable for businesses

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...

Central Bank enables mobile payment card encoding
2024/12/12

Central Bank enables mobile payment card encoding

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...

Central Bank offers real-time foreign remittance service
2024/12/05

Central Bank offers real-time foreign remittance service

As part of its ongoing efforts to bolster the electronic financial services infrastructure, accelerate digital transformation, and foster a less cash-reliant society, the Central Bank...

Dollar breaks 50-pound mark
2024/12/05

Dollar breaks 50-pound mark

For the first time since the exchange rate was liberalized, the US dollar surpassed the 50-pound mark in official transactions on Thursday morning. Several public...

Central Bank of Egypt joins PAPSS
2024/12/03

Central Bank of Egypt joins PAPSS

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...