HC Securities & Investments expected the CBE to keep the current interest rates unchanged despite recent inflation readings.
26.12.2024 Ahram Online
This is in line with the IMF’s fourth review to reach EGP 50.97/$1 for selling and EGP 50.83/$1 for buying.
25.12.2024 Ahram Online
The US dollar reached its highest level on Monday against the Egyptian pound since March of this year, reaching EGP 51.14, according to the CBE.
24.12.2024 Ahram Online
This strategic partnership aims to bolster ACC’s ongoing and future projects in Egypt and the GCC region, reinforcing the shared commitment of both.
24.12.2024 Al motawwer
Governor of the Central Bank of Egypt Hassan Abdallah emphasized the importance of enhancing the financial stability and resilience of the Arab banks.
23.12.2024 Ahram Online
The United Bank (UB) of Egypt announced on its website that the bank’s ordinary shares began trading on Tuesday on the Egyptian Stock Exchange (EGX).
11.12.2024 Ahram Online
The pound has traded within a narrow range just short of 50 to the dollar since Egypt signed an $8 billion financial support package with the IMF.
08.12.2024 Middle east monitor
The CBE had earlier introduced revised guidelines for its weekly main deposit operations, previously conducted through fixed-rate tenders.
04.12.2024 Egypt Today
The government is making intensive efforts to facilitate the entry of investors into the Egyptian market.
02.12.2024 See news
The dollar's value fluctuated between 4 to 5 percent ($1/EGP 47 to $1/EGP 49) after the country adopted a flexible exchange rate in March.
02.12.2024 Ahram Online