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3/30/2022 5:19:04 PM

War in Ukraine - Economy
3/15/2022 11:09:56 AM
The government in Kyiv continues to function, the banking system is stable and debt payments are viable in the short term, but the Russian invasion could plunge Ukraine into a devastating recession, the IMF said late Monday.

Business - Tech
3/6/2022 3:16:57 PM
Egypt’s banking system processed 1 bln electronic transactions in 2021 with a total value of EGP 2.8 trillion, according to Ayman Hussain — the sub-governor of the Central Bank of Egypt (CBE) for the Information Technology Sector.

War in Ukraine - Economy
3/1/2022 11:33:29 AM
It's a globalized world, a planet stitched together by intricate supply chains, banking, sports and countless other threads of deep connection. Until it isn't.

War in Ukraine - Economy
2/26/2022 8:52:44 PM
Germany said Saturday it was working to exclude Russia from the SWIFT banking system as Ukrainian President Volodymyr Zelensky again asked European nations to sever Moscow from the important financial mechanism.

Business - Tech
2/16/2022 6:54:30 PM
Egypt-based Contact Financial Holding, a non-banking financial services provider, announced on Wednesday the completion of its strategic investment in Wasla, an e-commerce super-app, with total investments valued at $9 million.

Business - Markets & Companies
2/6/2022 4:40:52 PM
Ahram Online spoke to Ezz Fayek, the CEO of WaffarX, the first cash back provider in the Middle East and North Africa (MENA) region, who discussed Egypt's fintech scene and his company's plans in the Egyptian market.

World - Region
2/2/2022 10:28:15 AM
A clan-based militia government in the Arab world's poorest country is presenting the Biden administration with another foreign policy setback, as Yemen's Houthis launch cross-border drone and ballistic-missile strikes rattling the wealthy oil and banking hubs of the skyscrapered Gulf.

Business - Markets & Companies
1/27/2022 12:37:44 PM
The UK’s Standard Chartered Bank is poised to establish a fully-fledged banking operation in Egypt after obtaining the in-principal approval from the Central Bank of Egypt (CBE) on 27 September 2021, the bank announced on Thursday.

AFCON 2021 - News
1/25/2022 10:24:38 PM
If history is anything to go by, Egypt will have every reason to believe that they can brush aside Cote d'Ivoire and reach the African Cup of Nations quarters when both sides meet in Cameroon's Douala on Wednesday.

Business - Markets & Companies
1/25/2022 3:12:07 PM
Egypt’s state-owned company Gosoor El-Nasr inked on Tuesday 10 agreements with local and foreign insurance, banking services, and logistics providers with the aim of providing services for the external trade community members and boosting Egypt’s exports sector, the Ministry of Public Enterprise announced.

World - International
1/25/2022 10:23:31 AM
The financial options being considered to punish President Vladimir Putin if Russia invades Ukraine range from the sweeping to the acutely personal _ from cutting Russia off from US dollars and international banking to slapping sanctions on a former Olympic gymnast reported to be Putin's girlfriend.

Business - Markets & Companies
1/20/2022 3:41:43 PM
Fawry for Banking and Payment Technology Services S.A.E. announced on Thursday that it plans to list a portion of its shares in the US stock market in a filling submitted to the Egyptian Exchange (EGX).

Egypt - Politics
1/5/2022 5:47:20 PM
Egypt's parliament approved on Wednesday three laws related to economic activities; namely on regulating and promoting the use of financial technology (FinTech) in non-banking financial activities, allowing the finance ministry to transfer money from private funds and accounts into the state treasury, and setting up a renewable energy development authority.

Al-Ahram Weekly - Economy
12/14/2021 9:44:25 PM
The government hopes to attract more foreign investment through its next batch of initial public offerings, reports Nahla Abul-Ezz

Al-Ahram Weekly - Egypt
10/28/2021 12:48:00 PM
European Bank for Reconstruction and Development Vice President for Banking Alain Pilloux explains the bank’s new country strategy for Egypt to Al-Ahram Weekly.

World - Region
10/17/2021 5:58:56 PM
Palestinian businesses flush with too much Israeli cash: it may not be the most talked about aspect of the occupation, but experts warn it is a growing concern for the Palestinian economy.

Business - Economy
9/30/2021 4:10:34 PM
The Central Bank of Egypt (CBE) instructed banks on Thursday to create and provide banking products dedicated to individuals with special needs in line with the bank's strategy of financial inclusion that aims to provide the banking services for all classes of society.

World - International
9/21/2021 4:01:41 PM
Afghanistan's central bank has access to only a fraction of its usual financing, and is cut off from the international banking system and its own foreign currency reserves

Business - Markets & Companies
9/13/2021 4:34:31 PM
In September 2020, Goldman Sachs said that it expects Egypt s hard currency inflows will increase and that the Egyptian pound will maintain its stability

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