According to the CBE’s laws, banks are currently required to open accounts for foreign customers who are not residents of Egypt if they requested.
13.08.2024
|
News by
Egyptian Streets
CBE directed banks in Egypt to open accounts for foreign clients who are not residents of Egypt, allowing them to benefit from the various services.
12.08.2024
|
News by
Ahram Online
EBRD and GCF boost small businesses and green investments in Egypt, with a US$ 20 million loan to Crédit Agricole Egypt.
07.08.2024
|
News by
EBRD
Notably, May's surplus was the first since January 2022 when a surplus of EGP 9.674 billion was noted.
05.08.2024
|
News by
Egypt Today
This partnership aims to attract new customers from many social segments to support the financial inclusion initiative.
04.08.2024
|
News by
Ahram Online
The International Monetary Fund announced the completion of a review that allows Egypt to withdraw $820 million.
04.08.2024
|
News by
See news
In a report released last week, the IMF had predicted a 2.7 percent growth in FY2024/2025 and a slightly improved 4.1 percent in FY2025/2026.
01.08.2024
|
News by
Egypt Today
The US dollar rate against the Egyptian Pound (EGP) hit its highest level on Wednesday since April.
01.08.2024
|
News by
Ahram Online
The roundtable was held a day after the IMF completed the third review of the Extended Fund Facility (EFF) loan program for Egypt.
31.07.2024
|
News by
Ahram Online
Egypt says it has shifted to a flexible exchange rate regime, a policy the IMF said on Monday remains "a cornerstone of the authorities' program."
31.07.2024
|
News by
Reuters
Minister of Finance Ahmed Kouchouk discussed in a meeting with the International Monetary Fund (IMF) Managing Director Kristalina Georgieva.
29.07.2024
|
News by
Ahram Online
Egypt’s growth indicators are ticking up, the currency is stable, and external finances are correcting sharply, time for an interest rate cut.
28.07.2024
|
News by
economy middle east
They look to diversify their business models and boost profits. Fitch believes that several banks in the GCC are seeking to acquire Egyptian banks.
28.07.2024
|
News by
African Business
Net foreign assets represent the assets of the Central Bank of Egypt and the country's commercial banks, held by non-residents, minus their liability.
25.07.2024
|
News by
See news
Onebank will provide customers with fully digitalised banking services, with 24/7 online availability.
22.07.2024
|
News by
Scene now
In April, the IMF maintained its projection for Egypt’s real GDP growth in 2024 at 3 percent, declining by 0.8 percent compared to 2023 estimation.
17.07.2024
|
News by
Ahram Online
In Egypt, 26.5 per cent of youth are unemployed and many employed individuals tend to work in jobs that lack job security and stability.
17.07.2024
|
News by
EBRD
The board approval for the third review of Egypt's expanded $8 billion loan program was originally expected on July 10.
14.07.2024
|
News by
Reuters
The cash withdrawal limit for international transactions remains at $50 for most cards.
14.07.2024
|
News by
Daily News Egypt
BMI, a Fitch Solutions company, expected the Central Bank of Egypt (CBE) to keep its monetary tightening policy on hold.
11.07.2024
|
News by
Ahram Online
