Central Bank of Egypt
Standard & Poor: Egypt’s Pound to Face Significant Drop Amid IMF Talks
Standard & Poor’s Global Credit Rating Agency predicts a potential devaluation of Egypt’s pound by half its current value to secure the remaining...
Nadine MustafaJanuary 28, 2024
President Abdel Fattah El-Sisi Appoints Hassan Abdallah As Acting Governor Of Egypt’s Central Bank
President Abdel Fattah El-Sisi issued a presidential decree naming Hassan Abdullah as the acting governor of the Central Bank. During his meeting with...
Nadine MustafaAugust 18, 2022
Tarek Amer Resigns From His Position As Egypt’s Central Bank Governor
According to an official statement broadcast on Egyptian television, Tarek Amer, governor of the Central Bank of Egypt, resigned today, Wednesday. As per...
Nadine MustafaAugust 17, 2022
Egypt’s EGP 10 Will Be Made Out of Plastic in June 2021: Is This Worse for the Environment?
According to the IMF, polymer-based banknotes are now used in more than 20 countries (including the UK, New Zealand, and Australia), and Egypt...
Nadine MustafaJanuary 20, 2021
Transforming Egypt’s Cars To Natural Gas: Central Bank of Egypt Dedicates EGP 15 BN
The Central Bank of Egypt (CBE) announced on January 3, that it will dedicate EGP 15 billion to ease the country’s residents into...
Nadine MustafaJanuary 5, 2021
Digital Banking Is the Future: An Expert Tells Us Why
“Having a whole bank in a mobile app is not a dream anymore and I am eager to implement it very soon.” —...
Nadine MustafaOctober 21, 2020
Coronavirus Update: CBE Imposes New Regulations on Deposits and Withdrawals for Individuals and Companies
The Central Bank of Egypt (CBE), in a press release published today on 29 March 2020, has announced new temporary measures on cash...
Nadine MustafaMarch 29, 2020
