Tag: CBE

CBE to launch phase two of remittance digitization project with 12 participating banks

The Central Bank of Egypt (CBE) has announced preparations for the second…

Hossam Mounir

United Bank launches comprehensive digital services for business owners, investors

United Bank has launched an integrated suite of digital banking services and…

Daily News Egypt

Interbank EGP transactions via RTGS near EGP 69trn in Q1 2025: CBE

The Central Bank of Egypt (CBE) announced that the total value of…

Hossam Mounir

Egyptian banks offer fee-waived, no-minimum accounts through April for financial inclusion drive

In celebration of Arab Financial Inclusion Day, the Central Bank of Egypt…

Hossam Mounir

CBE governor meets AFI chief to discuss financial inclusion progress

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), met with…

Daily News Egypt

No intervention in foreign exchange market; it operates freely: CBE’s Deputy Governor

Rami Aboul Naga, Deputy Governor of the Central Bank of Egypt (CBE),…

Daily News Egypt

Egypt’s net international reserves climb to $47.76bn in March 2025: CBE

Egypt’s net international reserves rose to $47.757bn in March 2025, up from…

Hossam Mounir

US dollar surges EGP 0.53 at Sunday close

The official exchange rate of the US dollar at the Central Bank…

Hossam Mounir

Net foreign assets in Egypt’s banking sector rise by $1.5bn in February 2025

The Central Bank of Egypt (CBE) announced that net foreign assets within…

Hossam Mounir

Financial position of banks operating in Egypt reaches EGP 20.799trn in 2024

The Central Bank of Egypt (CBE) announced that the total financial position…

Hossam Mounir