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" Transactions"

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War on Gaza - War on Gaza
5/25/2024 6:08:50 PM
G7 finance ministers were set to urge Israel Saturday not to disrupt "vital financial transactions" in the occupied Palestinian territories, following indications it could cut off Palestinian banks.

Al-Ahram Weekly - Egypt
3/28/2024 11:24:00 PM
Moves to increase the ceiling on foreign currency transactions on Egyptian credit cards have been hailed by individuals and startups.

Business - Economy
1/22/2024 6:34:52 PM
Saudi Islamic Al-Rajhi Bank, one of the biggest banks in the country, suspended transactions in Egyptian pounds across all of its branches in the kingdom, an informed source at the bank told Ahram Online.

Business - Economy
1/17/2024 6:00:00 PM
Al Baraka Bank Egypt and EG-Bank on Tuesday suspended international credit cards cash transactions amid a severe hard currency shortage in Egypt, according to the banks’ websites.

Business - Economy
12/26/2023 7:49:02 PM
Egypt Post has suspended foreign currency withdrawals and purchases through EasyPay cards, according to SMSs sent to clients’ mobile numbers.

Business - Economy
12/3/2023 12:55:56 PM
The Egyptian platform Belbaqy (“spare change”) will launch in early 2024, allowing users to invest the leftover amounts from electronic transactions, according to a statement from the company on Saturday.

Business - Economy
11/15/2023 6:03:09 PM
The Central Bank of Egypt (CBE) has increased daily and monthly limits of transactions on financial inclusion accounts, prepaid cards, and mobile banking by 100 percent, a circular said on Wednesday.

Business - Economy
10/17/2023 11:58:13 PM
The Central Bank of Egypt (CBE) issued new instructions on Tuesday to regulate the use of credit cards for transactions in foreign currencies abroad amid concerns of misuse.

Business - Tech
10/11/2023 5:03:17 PM
The size of non-cash transactions in Egypt is expected to increase to $27.63 billion by 2027, with an annual increase of 14.03 percent, a new report published on Wednesday by Capgemini Institution for Research revealed.

Business - Markets & Companies
9/14/2023 9:14:56 PM
The Egyptian Exchange (EGX) indices kept most of last week’s gains that ended on 14 September despite profit-taking transactions.

Business - Tech
9/11/2023 4:57:28 PM
The Central Bank of Egypt (CBE) has approved the addition of five new services to its InstaPay application, such as paying bills and recharging the balance.

Business - Economy
7/22/2023 11:05:43 PM
Sri Lanka is considering the possibility of allowing the use of the Indian rupee for local transactions, as the island nation struggles to build its depleted foreign reserves and to emerge from last year’s unprecedented economic crisis.

Business - Markets & Companies
6/12/2023 5:41:20 PM
A technical glitch caused a temporary suspension in trading on the Egyptian Exchange (EGX) on Monday, but transactions will return to normal on Tuesday, while gold prices dropped after stabilizing.

Business - Markets & Companies
6/12/2023 4:22:00 PM
The Egyptian Stock Exchange said that trading will resume normally starting from Tuesday after a technical glitch that halted transactions on Monday has been fixed.

Business - Economy
3/26/2023 11:42:58 PM
The Central Bank of Egypt (CBE) has announced that transactions worth EGP 112.7 billion were conducted via its InstaPay app over a year.

Advertising - Sponsored
3/20/2023 5:44:13 PM
Islamic banking has become increasingly popular among practicing Muslims who want to adhere to religious principles while conducting financial transactions. Islamic banking is a financial methodology based on Islamic law or Shariah, which operates on the principle of profit and loss sharing.

Business - Economy
2/2/2023 2:07:57 PM
The dollar and euro exchange rates to the EGP were stable at the beginning of Thursday's transactions at Egypt's major banks, with the dollar recording an average of EGP 30.2 and the euro registering EGP 33.2.

Business - Economy
1/12/2023 5:04:07 PM
The Egyptian pound is continuing to witness significant fluctuations against the US dollar on Thursday, surpassing EGP 30 in a number of foreign and Arab banks operating in the Egyptian market.

Business - Economy
1/4/2023 4:40:00 PM
The Egyptian pound lost over 10 percent of its value against the US dollar in Wednesday’s transactions at major banks, a few hours after the National Bank of Egypt (NBE) and Banque Misr offered new 25-percent-yield saving certificates.

Business - Economy
12/18/2022 5:22:16 PM
The exchange rate of the US dollar against the Egyptian pound was stable at the close of transactions Sunday at Egypt's major banks, the first working day after the International Monetary Fund (IMF) approved Egypt’s $3 billion new economic reform programme.

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