he maximum daily limit is EGP 60,000, up from EGP 30,000. The maximum monthly limit is EGP 200,000, up from EGP 100,000.
19.11.2023
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News by
Daily News Egypt
EBRD First Vice President Jürgen Rigterink said: “The EBRD is delighted to sign this facility with our longstanding private sector partner, CIB."
16.11.2023
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News by
EBRD
The Central Bank of Egypt on Monday launched treasury bills with fixed and variable returns at a total value of three billion LE.
16.11.2023
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News by
Egypt Independent
Ratings agency Fitch has downgraded its credit ratings on four Egyptian banks, including the largest private bank.
15.11.2023
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News by
Reuters
The remaining $2.4 billion will be distributed to undisclosed companies in Egypt.
15.11.2023
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News by
Egypt Today
The central bank and KIA each currently hold a 49.37% stake in AAIB, with the leftover 1.26% distributed to “others,” explains AAIB’s recent report.
14.11.2023
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News by
Egypt Today
The bank's net profits after tax soared to EGP 3.80 billion, marking a remarkable year-over-year leap of 137.19%.
14.11.2023
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News by
investing
Kuwait has prolonged the tenor of a $4 billion deposit at the Central Bank of Egypt (CBE) to support the country’s international reserves.
14.11.2023
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News by
Ahram Online
Egypt was awarded by the World Bank for its outstanding Strategy for Competition Policies and Competitive Neutrality.
13.11.2023
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News by
Ahram Online
The primary objective of this partnership is to implement health and educational projects.
13.11.2023
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News by
Egypt Today
Tarek Fayed, Chairperson and CEO of Banque du Caire, highlighted the importance of this step in providing banking services to the bank’s clients.
13.11.2023
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News by
Daily News Egypt
The evaluation process has estimated the HHD’s value at around EGP 20bn, while the current market capitalization of the company is about EGP 15.9bn.
13.11.2023
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News by
Daily News Egypt
To provide a fully-fledged payment processing solution to support the bank’s digital transition.
12.11.2023
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News by
Zawya
The price of the U.S. dollar in Egypt has risen by at least five pounds, surpassing LE47 according to the Masrawy website and reaching LE48 as per the Al-Sarf Al-Youm website.
09.11.2023
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News by
egyptindependent.com
Monetary Policy Committee (MPC) is scheduled to hold its penultimate meeting for 2023 on Thursday to review key interest rates.
02.11.2023
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News by
Ahram Online
The fund will finance the projects agreed upon at the BRI summit and the nine programs from the Africa-China Cooperation forum in 2021.
01.11.2023
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News by
EgyptToday
The Arab African International Bank (AAIB) introduces a new savings certificate offering the highest investment return in Egypt's banking market, allowing customers a profitable saving opportunity for three years.
31.10.2023
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News by
Egypt Independent
The Central Bank of Egypt (CBE) has issued new instructions aimed at making it easier for citizens to use credit cards while traveling abroad.
30.10.2023
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News by
Egypt Independent
aiBANK emerged as the clear frontrunner, surpassing its peers and demonstrating its unwavering commitment to excellence.
30.10.2023
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News by
Daily News Egypt
According to Zulficar, the microfinance institutions increased their customer base by 2.03% to reach 4.6 million by the end of the Q2 2023.
29.10.2023
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News by
zawya