News

Arab Finance: The Central Bank of Egypt (CBE) has temporarily raised the daily limit for cash withdrawals in local currency ...
The Central Bank of Egypt (CBE) has announced a temporary increase in the daily cash withdrawal limit for individuals and ...
The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate ...
The Central Bank of Egypt has increased the daily withdrawal limit to EGP 500,000 to ease operations during a period of ...
Egypt's net foreign assets rose by $1.2 billion to $14.7 billion in May, central bank data showed on Monday, approaching ...
Egypt's annual headline inflation rate is forecast to have decelerated slightly in June to 16.2% as some food and beverage ...
Starting July 8th, selected bank branches across Egypt will extend working hours to 5 PM on weekdays, while special hours ...
The Central Bank of Egypt (CBE) has instructed banks to actively support exporting clients in aligning their production ...
Egypt’s net international foreign reserves (NIRs) increased by $174 million at the end of June to $48.7 billion, the highest ...
Contact Creditech, the digital consumer finance arm of Contact Financial Holding, has entered into a strategic partnership ...
Egypt's central bank has been working to reduce inflation, which has trended downwards from a peak of 38% in September 2023. Annual headline inflation stood at 13.9% in April, just up from 13.6% ...
CAIRO (Reuters) -Egypt’s central bank lowered its overnight interest rates by a less-than-expected 100 basis points on Thursday, saying economic growth had accelerated in the first quarter while ...