65.5% increase in Egyptian remittances during August: CBE
Remittances from Egyptians working abroad surged by 65.5% in August 2024, reaching…
CBE receives $605.6m worth of offers for dollar-denominated local T-bills
Bank accepts 17 offers of $500.6m with 5.149% average interest rate
Egypt suspends land allocation system for dollar payments, exempts non-Egyptian investors, companies
Minister of Housing, Utilities, and Urban Communities, Assem El Gazzar, announced on…
Egypt floats pound, raises interest rates by 6% to tackle inflation
The Central Bank of Egypt (CBE) announced a two-pronged approach on Wednesday,…
Dollar soars to EGP 49.5 on first day of exchange rate liberalisation
The Egyptian pound plunged against the US dollar on Wednesday, as the…
CBE attracts $1.09bn in bids for dollar-denominated treasury bills
The Central Bank of Egypt (CBE) announced that it received 23 bids…
High-return dollar savings certificates would not affect investment in stock market: Experts
Real estate sector would be more affected by new dollar savings certificates…
CBE receives 21 offers worth $644.1m to cover dollar-denominated T-bill issuance
18 bids worth $554.1m were accepted, with interest ranging between 5.147% and…
Opinion| 20 years after the US invaded Iraq: Did Washington lose trillions of dollars in the war?
Confirming these US allegations, US Secretary of State Colin Powell asked in…
Dollar exchange at CBE increases by over EGP 0.50 on Monday
Dollar exchange records EGP 27.5538 for buying and EGP 27.6256 for selling