local banks

Working hours for Egyptian banks during Ramadan 2022
Business

Working hours for Egyptian banks during Ramadan 2022

The Central Bank of Egypt announced the working hours of local banks during the holy month of Ramadan, from nine…
CBE announces bank vacation for Eastern Christmas
Egypt

CBE announces bank vacation for Eastern Christmas

The Central Bank of Egypt (CBE) has suspended work in all banks operating in Egypt on Thursday on the occasion…
Starting May 17, facemasks in Egyptian banks are mandatory
Egypt

Starting May 17, facemasks in Egyptian banks are mandatory

The Federation of Egyptian Banks (FEB) will begin urging any customers and visitors to local branch branches to put on…
CBE cancels its negative list of companies and individuals
Business

CBE cancels its negative list of companies and individuals

The Central Bank of Egypt (CBE) on Tuesday announced in a statement that it has amended the ruling of the…
CBE ramps up measures to support Egypt’s economy amid coronavirus pandemic
Business

CBE ramps up measures to support Egypt’s economy amid coronavirus pandemic

The Central Bank of Egypt (CBE) has ordered local banks in the country not to impose additional fines applied to…
US dollar price varies in local market Friday
Business

US dollar price varies in local market Friday

The US dollar exchange rate varied in the Friday trading session in banks operating on the local market, recorded at LE16.09…
US dollar exchange rate stable during Sunday trading
Business

US dollar exchange rate stable during Sunday trading

The US dollar exchange rate was stable against the Egyptian pound on Sunday morning trading in Egypt’s banks. The National Bank of…
US dollar at lowest point in Egypt market in four months
Economy

US dollar at lowest point in Egypt market in four months

For the first time in four months, the exchange rate of the US dollar against the Egyptian pound fell below…
Suez Canal negotiates with local banks over new US$400 mn loan
Egypt

Suez Canal negotiates with local banks over new US$400 mn loan

The Suez Canal Authority is negotiating with local banks to receive a new loan worth US$400 million in order to…
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