If you deal in the currency parallel market, you should beware of frozen dollar notes, which are invalid currency with deactivated serial numbers.
28.12.2023
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News by
Ahram Online
At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered LE 30.75 for buying and LE 30.85 for selling.
27.12.2023
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News by
Egypt Independent
This helps to stop the misuse that has been monitored on foreign currency transactions abroad and at home through credit cards.
25.12.2023
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News by
See news
The circular explained that these updated controls came with reference to the supervisory controls for banks regarding combating money laundering.
25.12.2023
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News by
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The main objective of these agreements, as outlined in the MoIC report, is to support Egypt's efforts to achieve comprehensive and sustainable growth.
25.12.2023
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News by
Egypt Today
According to the CBE, the core inflation rate declined for the fifth time in a row – recording 35.9 percent in November.
24.12.2023
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News by
Egypt Independent
According to recent data from the Central Bank of Egypt, there was a reported 38 percent decline in remittance flows during the first half of 2023.
24.12.2023
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News by
Egypt Today
This leaves the overnight deposit rate at 19.25 percent, the overnight lending rate at 20.25 percent, the rate of the main operation at 19.75 percent.
22.12.2023
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News by
Egypt Today
In November 2023, Egypt achieved a successful sale of nearly $500 million worth of 5-year Samurai bonds in the Japanese market.
21.12.2023
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News by
Egypt Today
The Egyptian government is in talks with the International Monetary Fund for a new timeline for the loan deal, Prime Minster Mostafa Madbouly said.
21.12.2023
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News by
Ahram Online
Banks operating in Egypt on Sunday resumed collecting fees on opening accounts (current or savings), adhering to the minimum account balance.
19.12.2023
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News by
Egypt Independent
Many analysts believe Egypt will wait until January, well after the Dec. 10-12 vote, before hiking interest rates or devaluing the currency.
19.12.2023
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News by
Reuters
The number of ATMs with features supporting people of determination in Egypt surged by nearly 23 percent to 4,950 in December from around 4,000 in Jan
19.12.2023
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News by
Ahram Online
Owners are interested in the best ways to employ them, and whether public banks will tend to offer CDs with higher returns in retaining this money.
19.12.2023
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News by
Egypt Independent
British bank HSBC projected the Egyptian pound to experience devaluation, reaching EGP 40-45 against the US dollar, during the first quarter of 2024.
17.12.2023
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News by
Ahram Online
At the European Universities in Egypt, Emirates NBD-Egypt made a resounding statement by offering the youth segment free accounts and debit cards.
17.12.2023
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News by
Egypt Today
This article delves into why Egypt might consider this financial strategy, the implications for its economy, and the role of the IMF.
Papers by
Egypt Business Directory
Additionally, the EBRD is considering granting a €165 million loan to Egypt to modernize the electrical grid and reduce pollution.
14.12.2023
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News by
Ahram Online
EBank plays a pivotal role in this venture, aligning with Egypt’s strategic efforts to transform into a global trade and logistics nexus.
13.12.2023
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News by
Daily News Egypt
