Egypt finalizes overhaul of 12 Spanish trains for service deployment
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport,…
CBE reports EGP 133.4bn in net profits for February 2025
The Central Bank of Egypt (CBE) recorded a net profit of EGP…
CBE joins Pan-African Payment and Settlement System
As part of Egypt’s efforts to deepen economic collaboration with African nations,…
Fitch Ratings raises Egypt’s long-term foreign-currency rating to ‘B’ with stable outlook
Fitch Ratings has upgraded Egypt's Long-Term Foreign-Currency Issuer Default Rating (IDR) to…
Banks’ commitment to foreign currency requirements for import
Through its distinguished monetary policy and wise decisions, the Central Bank of…
CBE authorizes banks to open financial inclusion accounts
The Central Bank of Egypt (CBE) has granted banks permission to open…
Egyptian remittances increase 32.4% to $15.5bn in 7M 2024: CBE
The Central Bank of Egypt (CBE) revealed that Egyptian expatriates’ remittances increased…
3 Egyptian exchange companies surpass EGP 15bn in foreign currency collections post-liberalisation
Since the liberalisation of the exchange rate, three exchange companies have collectively…
Foreign currency inflows rise in banks, exchange offices following EGP liberalisation
Average dollar value decreases by EGP 1.7 from its peak after flotation,…
Egypt plans to launch company to export, rent property in foreign currency
The Egyptian government plans to set up a company to handle the…