Economy

National Bank of Egypt launches instant international remittance transfer service

National Bank of Egypt launches instant international remittance transfer service

The National Bank of Egypt (NBE) announced on Thursday the launch of a new service for the instant reception of…
CBE Governor Leads Egypt’s Delegation To Annual Meetings of AfDB

CBE Governor Leads Egypt’s Delegation To Annual Meetings of AfDB

Governor of the Central Bank of Egypt (CBE) and Egypt’s Governor to the African Development Bank (AfDB) Group Hassan Abdullah…
Egypt to lift fuel subsidies within 4 years: Official

Egypt to lift fuel subsidies within 4 years: Official

Egyptian Cabinet spokesperson Mohamed al-Hommosany announced that the government has devised a plan to gradually lift electricity subsidies within four…
Video: Egypt to increase prices of bread, electricity and petroleum products

Video: Egypt to increase prices of bread, electricity and petroleum products

Egyptian Prime Minister Mostafa Madbouly held a press conference on Monday, on the sidelines of his tour to inspect agricultural,…
Dollar exchange rate stable in beginning of Tuesday’s transactions

Dollar exchange rate stable in beginning of Tuesday’s transactions

The dollar exchange rate was stable at the start of Tuesday’s transactions at Egypt’s major banks. At the National Bank…
GAFI discuss investment opportunities in tourism sector with Turkish companies

GAFI discuss investment opportunities in tourism sector with Turkish companies

The General Authority for Investment and Free Zones (GAFI) held a series of promotional meetings on Sunday with leading Turkish…
Egypt’s Central Bank holds interest rate steady for the first time this year

Egypt’s Central Bank holds interest rate steady for the first time this year

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided on Thursday to keep the interest rate…
Dollar Exchange Rate Stable At Start Of Wednesday’s Transactions

Dollar Exchange Rate Stable At Start Of Wednesday’s Transactions

The dollar exchange rate was stable at the start of Wednesday’s transactions at Egypt’s major banks. At the National Bank…
Dollar exchange rate stable at start of Tuesday’s transactions

Dollar exchange rate stable at start of Tuesday’s transactions

The dollar exchange rate was stable at the start of Tuesday’s transactions at Egypt’s major banks. At the National Bank…
PM, WB officials discuss governance of state-owned enterprises

PM, WB officials discuss governance of state-owned enterprises

Prime Minister Mostafa Madbouly has discussed with the World Bank (WB) delegation taking steady steps to implement what was stated…
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