All posts tagged "central bank"

Egypt is set to introduce new wireless payment solutions, including Apple Pay and Samsung Pay, to enhance...

According to Ahram Online, Egypt’s annual inflation rate surged to 14.9 percent in April, significantly higher than...

Central Bank of Egypt (CBE) has decided to remove the limits imposed on the international currency transfers...

Central Bank of Egypt (CBE) figures have shown that Egypt’s foreign debt jumped 40.8 percent year-on-year to...

By Nourhan Fahmy The official and parallel market rates of the Egyptian pound are converging, with the...

Prime Minister Sherif Ismail paved the way for a hike in prices of some products and services,...

The Central Bank of Egypt sold USD 100 million at an exceptional auction on Thursday following its...

Foreign exchange reserves in Egypt dropped to USD 15.54 billion by the end of July 2016, compared...

The Egyptian pound has hit record lows against the US dollar, with traders announcing rates of between...

Egypt’s Cabinet approved on Wednesday a bill to impose a prison sentence on anyone who deals with...

Egypt’s speaker of parliament Ali Abdel Aal has warned lawmakers against speaking to the media about the...

Egypt has surpassed South Africa as the second largest economy in Africa, according to Christian Viljoen, an...

The United Arab Emirates pledged USD 4 billion to Egypt to help boost the country’s economy, the...

The Egyptian pound weakened to a record low of 10 against the dollar on the black market...

Egypt’s Central Bank issued a decision on Wednesday lifting the ceiling on foreign currency withdrawals and deposits,...

A number of international airlines, including British Airways, Air France-KLM and Brazil’s TAM Airlines, have threatened to...

The Egyptian pound fell to an all-time low of 9 against the dollar in black market trade...