Dollar’s rise within normal range under flexible exchange rate system: Madbouly
Prime Minister Mostafa Madbouly affirmed on Wednesday that the recent uptick in…
Gold markets shift to parallel dollar rate, creating EGP 60 gap between local, global prices: iSagha
Gold prices in Egypt’s local market remained stable during Saturday’s trading session,…
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…