The Central Bank of Egypt (CBE)

CBE: Sunday Official Bank Holiday On Occasion of June 30 Revolution Anniversary
Egypt

CBE: Sunday Official Bank Holiday On Occasion of June 30 Revolution Anniversary

The Central Bank of Egypt (CBE) decided to suspend work of all banks operating in Egypt next Sunday on the…
CBE announces Eid al-Adha holiday for banks operating in Egypt
Egypt

CBE announces Eid al-Adha holiday for banks operating in Egypt

The Central Bank of Egypt (CBE) announced on Tuesday that banks operating in Egypt will go on holiday from Sunday,…
CBE’s foreign exchange reserves rises to record level by end of May
Business

CBE’s foreign exchange reserves rises to record level by end of May

The Central Bank of Egypt (CBE) revealed an increase in the balances of gold listed in the foreign exchange reserve…
Egypt’s foreign reserves rise to US$35.249 billion by end of January
Business

Egypt’s foreign reserves rise to US$35.249 billion by end of January

The Central Bank of Egypt (CBE) revealed an increase in net foreign exchange reserves, reaching US$35.249 billion at the end…
National Bank of Egypt increases interest rates for certificates in 2024
Economy

National Bank of Egypt increases interest rates for certificates in 2024

The National Bank of Egypt (NBE) has adjusted the return on the Platinum Savings Certificate with a variable return, in…
Monday official holiday for Egyptian bank employees
Egypt

Monday official holiday for Egyptian bank employees

The Central Bank of Egypt announced that the end of the fiscal year for banks operating in Egypt on December…
Egyptian banks suspend usage of recently issued credit cards abroad for 6 months
Egypt

Egyptian banks suspend usage of recently issued credit cards abroad for 6 months

Several banks in Egypt have decided to stop the use of newly issued credit cards abroad for up to six…
Egypt sells treasury bills worth LE46 billion, at interest rate of 23.8%
Business

Egypt sells treasury bills worth LE46 billion, at interest rate of 23.8%

Egypt’s Finance Ministry accepted about 453 bids to sell treasury bills put forward by the Central Bank of Egypt in…
Banks across Egypt shut down on April 16-17: CBE
Egypt

Banks across Egypt shut down on April 16-17: CBE

The Central Bank of Egypt announced that banks will shut down during April 16-17. In a statement, the CBE explained…
Ten years in prison, fine in millions for US dollar manipulators, CBE
Economy

Ten years in prison, fine in millions for US dollar manipulators, CBE

  The Central Bank of Egypt has revealed a prison sentence of no less than three years and no more…
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