Tag: CBE

Egyptian remittances at Banque Misr, NBE, Banque du Caire increase to as high as 35%

Leaders of the National Bank of Egypt and Banque Misr revealed that…

Mohamed Ayyad Mohamed Ayyad

Egyptian pound appreciates against dollar in midst of imminent IMF loan signing, Trump elected president

The price of the Egyptian pound significantly increased against the US dollar…

Hossam Mounir Hossam Mounir

Pound flotation attracts foreign investors to EGX

Heads of financial institutions contend that these funds are high-risk

DNE DNE

US dollar at customs repriced daily according to average bank rates on day before: ECA

The Central Bank of Egypt (CBE) sets the US dollar price for…

Mohamed Ayyad Mohamed Ayyad

CBE raises price of US dollar to EGP 17.41 for buying, EGP 17.84 for selling

The US dollar exchange rate rose at the Central Bank of Egypt…

Hossam Mounir Hossam Mounir

Pound flotation raises mobile, computer prices and slows down sales

The Central Bank of Egypt (CBE) announced their decision to float the…

Mohamed Alaa El-Din Mohamed Alaa El-Din

The first tender-less Tuesday in almost 4 years

Since December 2012, the CBE has posed 517 regular tenders and 9…

Hossam Mounir Hossam Mounir

Egyptian Automotive Dealers Association halts imports for November

The Egyptian Automotive Dealers Association held a meeting for leading car importers…

Ahmed Dawoud Ahmed Dawoud

Car companies halt sales to reprice in wake of CBE decision

Car companies halted their sales processes to review prices after the Central…

Ahmed Amer Ahmed Amer