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Business
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Economy
12/29/2024 8:38:01 PM
The Central Bank of Egypt (CBE) has raised the daily and monthly maximum limits for withdrawals on company and individual financial inclusion banking accounts (including total withdrawals, outgoing transfers, debit transactions, and purchases) by 50 percent, according to a CBE circular published for all banks on Sunday.
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Business
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Economy
12/24/2024 3:54:51 PM
The Central Bank of Egypt (CBE) launched a new financial literacy campaign on Tuesday in collaboration with the European Union, GIZ Egypt, and the Egyptian Banking Institute to increase financial awareness among citizens and enable them to make informed financial decisions.
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Business
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Economy
12/22/2024 4:31:53 PM
Governor of the Central Bank of Egypt (CBE) Hassan Abdallah emphasized the importance of enhancing the financial stability and resilience of the Arab banking sectors.
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Business
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Economy
12/19/2024 4:17:38 PM
Egypt's Ministry of Foreign Affairs announced on Thursday the launch of a new initiative, in collaboration with the Central Bank of Egypt (CBE), aimed at easing banking processes for Egyptians abroad.
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Business
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Economy
11/22/2024 1:07:53 PM
The Financial Regulatory Authority (FRA) has issued Decision No. 163 of 2024 to launch the first regulatory sandbox in the non-banking financial sector to foster startups' growth with innovative digital solutions, according to a statement released by the Egyptian Cabinet on Thursday.
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Al-Ahram Weekly
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World
11/12/2024 8:47:47 PM
The results of the US presidential elections have left Cairo hopeful of closer cooperation with Washington on bilateral and regional issues, reports Dina Ezzat
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Business
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Economy
10/29/2024 4:28:48 PM
State-owned Telecom Egypt, the country's main telecom service provider, has secured a long-term loan of EGP 18 billion through a banking consortium of 13 banks.
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Egypt
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Society
10/29/2024 3:06:46 PM
In alignment with the presidential initiative of the human development project "Bedaya," the Central Bank of Egypt (CBE) and the banking sector have actively participated in the recent "Good Week" events, which aimed to support vulnerable groups in the Alexandria Governorate.
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Business
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Economy
10/16/2024 2:01:56 PM
The Central Bank of Egypt (CBE) will review the key interest rates in its Thursday meeting, with banking experts expecting the CBE to keep the interest rates unchanged.
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Business
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Economy
9/30/2024 11:59:15 AM
The Central Bank of Egypt (CBE) and the Central Bank of Tunisia have signed a memorandum of understanding (MoU) in the banking sector to enhance cooperation in areas of mutual interest, including the exchange of experiences in financial stability and monetary policy.
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War on Gaza
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War on Gaza
8/21/2024 10:24:12 PM
The main Palestinian banking association says that all banks across Gaza have halted operations.
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Business
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Markets & Companies
8/15/2024 3:26:02 PM
Egyptian Fawry for banking technology and electronic payments is finalizing deals with Saudi companies to operate in Saudi Arabia by the end of 2024, according to CEO Ashraf Sabry in an interview with Asharq Business.
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Business
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Economy
8/11/2024 9:01:18 PM
Central Bank of Egypt (CBE) directed banks in Egypt to open accounts for foreign clients who are not residents of Egypt, allowing them to benefit from the various banking services provided by these accounts, according to a circular letter released by the CBE on Sunday.
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Business
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Markets & Companies
8/6/2024 2:59:31 PM
The Egyptian Credit Bureau (Iscore) has introduced its new “Market Analytical Data” platform, designed to help banks evaluate, monitor, and analyze the performance of their loan portfolios in comparison to the banking sector and competitors over 12 months, according to the company's announcement.
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World
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Region
7/23/2024 3:21:37 PM
Yemen's government and the Iran-backed Houthi rebels have agreed to halt tit-for-tat banking sanctions as they wrestle for control of the country's financial institutions, the United Nations said on Tuesday.
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Egypt
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Urban & Transport
7/19/2024 4:21:58 PM
Minister of Telecommunication and Information Technology Amr Talaat said on Friday that vital sectors in Egypt were not affected by the global cyber outage that impacted aviation, internet service and banking transfers globally.
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Business
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Economy
7/18/2024 6:51:04 PM
The Central Bank of Egypt (CBE) signed a memorandum of understanding (MoU) on Wednesday with the French Development Agency (AFD) to start the “Finance in Common” initiative to engage with banks, financial institutions, and regulatory authorities to promote sustainable development goals (SDGs).
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Business
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Economy
5/31/2024 2:51:08 PM
The UK-based multinational Standard Chartered Bank, which officially initiated its banking operations in Egypt in January, organised a roundtable in Cairo this week to showcase its insights on the Egyptian economy in light of the ongoing regional tensions.
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War on Gaza
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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.
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Sports
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World
5/7/2024 10:40:46 AM
Six-time Champions League winners Bayern Munich head into Wednesday's second semi-final at Real Madrid ever more reliant on striker Harry Kane amid swirling off-field crises entirely of their own making.
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