Main

The Central Bank of Egypt (CBE) issued on Thursday the regulations of forward exchange contracts at banks operating in Egypt.
Read More...

The Central Bank of Egypt (CBE) announced on Thursday that it would begin the process of gradually repealing the use of letters of credit for import finance system, ensuring the completion of removal…
Read More...

The National Bank of Egypt (NBE), the largest state-run lender, will offer a three-year certificate of deposit at 17.25 percent, its deputy chairman Yehia Aboul Fotouh announced on Thursday.
Read More...

The Egyptian pound is falling against the U.S. dollar on Thursday to record 22.35 Egyptian pounds for sale, while 22.45 for purchase at the National Bank of Egypt (NBE).
Read More...

The Central Bank of Egypt on Thursday raised interest rates by 200 basis points in a special meeting of its monetary policy committee (MPC).
Read More...

Amazon announced the opening of its largest customer service centre in the Middle East region. Located in New Cairo, the centre is designed to serve Amazon’s customers across Egypt, UAE, Saudi Arabia,…
Read More...

Commercial International Bank – Egypt (CIB), along with the National bank of Egypt (NBE), announced the successful closure of the biggest securitisation bondbond issuance in the Egyptian market,…
Read More...

Prime Minister Mostafa Madbouly revealed that a new strategy is being prepared to develop the industrial sector and it will be launched within the next three months.
Read More...

Egypt would have plunged into darkness if not for the Zohr natural gas field, President Abdel Fattah Al-Sisi said on Sunday. 
Read More...

Egypt’s Prime Minister Mostafa Madbouly said that the exchange rate doesn’t reflect the strength of the economy, and Egypt’s main concern is controlling inflation, pointing out that some countries…
Read More...