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Sports
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World
5/2/2024 6:35:01 PM
The English Premier League fears a new “banking-style” regulator could damage the competitiveness of the world's most popular league.
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Business
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Economy
4/28/2024 5:01:05 PM
The Sustainable Banking and Finance Network (SBFN) - an initiative of the International Finance Corporation (IFC) - has upgraded Egypt's classification from "Developing-Advancing" to "Advancing" in its performance assessment matrix, the Central Bank of Egypt (CBE) announced on Sunday.
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Business
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Economy
4/23/2024 7:42:34 PM
Prime Minister Mostafa Madbouly affirmed on Tuesday that the banking system stands fully ready to secure the foreign currency necessary to increase the strategic reserves of essential commodities.
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World
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Africa
3/28/2024 10:06:33 PM
Ethiopia's main bank issued a "last warning" to more than 5,000 customers accused of taking advantage of a technical glitch to fraudulently withdraw millions.
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Sports
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World
2/23/2024 6:49:29 PM
Bayern Munich manager Thomas Tuchel said Friday his summer departure could focus his squad, saying he "can be a little more ruthless" after the announcement.
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Business
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Economy
1/31/2024 3:27:59 PM
Standard Chartered Egypt CEO Mohammed Gad revealed exclusively to Ahram Online (AO) the bank’s plans for the Egyptian market and how it perceives Egypt’s economic climate in general and the banking sector system in particular.
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Business
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Economy
1/30/2024 6:40:05 PM
The UK-based multinational Standard Chartered Bank has officially commenced its banking operations in Egypt, following the receipt of final approval from the Central Bank of Egypt (CBE), according to a statement by the bank on Tuesday.
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Business
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Economy
1/11/2024 7:36:44 PM
Some Egyptian banks have reduced foreign currency credit card spending limits, a banking source confirmed to Ahram Online on Thursday.
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Business
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Economy
1/9/2024 6:01:30 PM
The Central Bank of Egypt (CBE) has instructed all banks operating in the country to apply a minimum interest rate of 24 percent on loans, sources in the banking sector revealed to Ahram Online.
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Business
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Markets & Companies
1/8/2024 6:42:35 PM
Egypt's Financial Regulation Authority (FRA) has approved setting a minimum capital requirement of EGP 15 million for fintech startups looking to engage in one of the non-banking financing activities, according to a statement released on Monday.
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Business
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Economy
1/2/2024 1:28:17 PM
The foreign assets deficit in the Egyptian banking system declined by EGP 5.25 billion to reach EGP 833.96 billion ($26.9 billion) in November 2023, according to data released by the Central Bank of Egypt (CBE).
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Business
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Economy
12/27/2023 8:11:30 PM
If you deal in the parallel market of the currency, you should beware of “frozen dollar” notes, which are invalid currency with deactivated serial numbers.
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Business
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Economy
11/19/2023 1:22:46 PM
The financial inclusion rate in Egypt increased by 5.4 percent to 67.3 percent during the first six months of 2023, according to a report by the Central Bank of Egypt (CBE).
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Business
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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.
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Business
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Economy
11/1/2023 3:31:32 PM
Foreign assets deficit at the Egyptian banking system declined for the first time in 11 months to reach EGP 812.41 billion ($26.29 billion) in July 2023, 2.66 percent lower than the previous month, according to data released by the Central Bank of Egypt (CBE) on Wednesday.
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War on Gaza
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War on Gaza
10/24/2023 10:34:05 PM
The Israeli war in Gaza could deal a heavy blow to the global economy, banking giants told the Future Investment Initiative forum in Saudi Arabia on Tuesday.
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Business
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Energy
9/24/2023 1:21:40 PM
Mahmoud Mohieldin, UN Climate Change High-Level Champion for Egypt and UN Special Envoy on Financing the 2030 Sustainable Development Agenda, has underscored the imperative for banks to take a more substantial role in driving the transition to green economies through investments in climate projects.
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Business
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Markets & Companies
8/14/2023 1:41:47 AM
Fawry, Egypt's leading e-payment solutions provider, announced a plan to turn its online payment portal myFawry into a digital bank in 2023, according to a bourse statement on Sunday.
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Business
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Economy
8/9/2023 9:49:27 PM
The Central Bank of Egypt and The London Institute of Banking & Finance (LIBF) signed a Memorandum of Understanding (MoU) to collaborate on talent development for the workers in the Egyptian financial sector, according to a press release on Wednesday.
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Business
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Economy
8/8/2023 4:23:07 PM
The Central Bank of Egypt (CBE) welcomed a delegation from the Bank of South Sudan for a visit, sharing regulatory expertise to help enhance South Sudan’s oversight and banking capacity, according to a statement on Tuesday.
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