The bank had observed "illegal practices related to the foreign exchange market" and illegal attempts to make quick profits, its statement said.
27.12.2022 Reuters
The limits on cash withdrawals in foreign currency were lifted for expats who need the cash for medical treatment or education.
27.12.2022 Ahram Online
The bank does not plan issuing higher savings certificates in the present time.
27.12.2022 Egypt Independent
The growth came thanks to an increase in budget revenues by 15.6% during the first quarter of the current fiscal year.
25.12.2022 Egypt Today
Many central banks abroad have now signaled that inflation rates may have peaked and begun to decline.
24.12.2022 Egypt Independent
The WB announced on Friday $500 million in financing dedicated to expanding and strengthening Egypt’s flagship Takaful and Karama social safety.
24.12.2022 Ahram Online
Analysts had expected that the MPC would raise the interest rates by a maximum of 2 percent (200 bps) to rein in inflation.
23.12.2022 Ahram Online
Underlie is an open banking platform, which offers application programming interfaces (APIs) to banks and businesses.
23.12.2022 Retail Banker International
The Central Bank of Egypt (CBE) has set new measures meant to ban the fraudulent and abusive use of credit and debit cards outside the country.
23.12.2022 Ahram Online
Real Estate Investment Fund 1 signed a deal to purchase commercial real estate assets from Talaat Moustafa Group in Al-Rehab City and Madinaty.
22.12.2022 Daily News Egypt
