Tag: CBE

Government limits collection of value of commodities, services to EGP: Cabinet

Prohibition does not apply to tourists in Egypt, said Cabinet spokesperson

Mohamed Ayyad Mohamed Ayyad

Devaluation of EGP is due to US pressure: Shiha

US dollar could be devaluated to EGP 6 or less with tight…

Shaimaa Al-Aees Shaimaa Al-Aees

NBE to grant credit for 640 housing units

CBE launched mortgage initiative last April worth EGP 10bn for real estate…

Daily News Egypt Daily News Egypt

Tourism officials to request CBE governor exception from deposit limit: Ministry source

Egyptian Travel Agents Association and Egyptian chamber of hotels request exclusion from…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

CBE keeps ratings unchanged

Overnight deposit rate, overnight lending rate, main operations’ rate stand at 8.75%,…

Daily News Egypt Daily News Egypt

United Bank to allow paying taxes, customs through branches

The United Bank will introduce in all branches a service for paying…

Daily News Egypt Daily News Egypt

Economy recovering, EGX records show: Dcode EFC Report

Egypt's economic recovery has been demonstrated by its EGX30 records according to…

Menna Samir Menna Samir

Egypt to repay $1bn to Qatar in October

The $1bn was the remaining amount of Qatar’s deposit at the CBE.…

Daily News Egypt Daily News Egypt

Following deposits’ ceiling, dollar to remain stable until March summit: Officials

CBE placed ceiling deposit of $10,000 per day and $50,000 per month

Sara Aggour Sara Aggour

Dollar’s unofficial market still precedes official by EGP 0.16

$1 is EGP 7.59 on official market, EGP 7.75 on black market

Doaa Farid Doaa Farid