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Business - Economy
4/23/2025 7:28:44 PM
The Central Bank of Egypt (CBE) announced that Labour Day, which falls on Thursday, 1 May, will be a paid holiday for banks in Egypt.

Egypt - Society
4/15/2025 12:38:07 PM
The Central Bank of Egypt (CBE) announced on Tuesday that all banks across the country will close on Sunday and Monday, 20–21 April, in observance of Easter and the traditional spring festival of Sham El-Nessim.

Business - Economy
4/10/2025 4:04:06 PM
The Central Bank of Egypt (CBE) has launched an initiative allowing all banks nationwide to offer free account openings with no minimum deposit requirement through the end of April 2025 in celebration of Arab Financial Inclusion Day.

Business - Economy
3/27/2025 6:10:47 PM
The Central Bank of Egypt (CBE) announced Thursday that all banks will suspend their operations from Sunday, 30 March, to Tuesday, 1 April, on the occasion of Eid Al-Fitr.

Business - Economy
2/28/2025 1:39:34 PM
The Federation of Egyptian Banks (FDE) denied Thursday any connections or accounts between banks operating in Egypt and the GRA platform.

Business - Economy
2/26/2025 3:51:57 PM
The Central Bank of Egypt (CBE) recently welcomed a high-level delegation from the Bank of Tanzania (BOT) to enhance economic ties with African nations, CBE said in a statement on Wednesday.

Business - Tech
2/18/2025 2:42:21 PM
Fawry said in a statement on Tuesday that it has partnered with Banque Misr and the Egyptian Banks Company for Technological Advancement (EBC) to launch a new interoperable cash-in and cash-out service for e-wallets via the Meeza Digital Scheme.

World - War in Sudan
1/22/2025 2:39:05 PM
Sudan's army-aligned government has issued new banknotes in areas it controls, reportedly aimed at undermining its paramilitary rivals but causing long queues at banks, disrupting trade and entrenching division.

Business - Economy
1/6/2025 1:36:40 PM
The Central Bank of Egypt (CBE) announced Monday that all banks in Egypt will be closed on Tuesday on the occasion of the Christmas.

Business - 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.

Business - Economy
12/29/2024 12:16:32 PM
The Central Bank of Egypt (CBE) announced on Sunday that Wednesday, 1 January 2025, will be a holiday for all banks in Egypt on the occasion of the end of the financial year for most banks on 31 December 2024.

Business - Economy
12/25/2024 3:29:11 PM
The Central Bank of Egypt (CBE) held a virtual seminar titled "Effective Supervision: Building Supervisory Frameworks and Risk Management" with the participation of 110 representatives from African central banks, the CBE announced on Wednesday.

Business - Tech
12/11/2024 11:01:39 AM
The National Bank of Egypt (NBE) launched Tuesday Apple Pay service activation trials for secure contactless payments, Chairman of the NBE and the Federation of Egyptian Banks Mohamed El-Etreby told CNN Business.

Business - Economy
12/5/2024 7:28:41 PM
The US dollar rate reached on Thursday its highest level ever against the Egyptian pound, recording EGP 50.04 /$1, according to the official rates on the Central Bank of Egypt (CBE) and a group of banks in the local market.

Egypt - Society
12/3/2024 5:15:14 PM
The Ministry of Social Solidarity said on Tuesday it has secured jobs for 1,318 people with disabilities in private sector companies, factories and banks nationwide.

Business - Economy
11/19/2024 1:54:32 PM
Fitch Ratings has raised the Long-Term Issuer Default Ratings (IDRs) of the largest four banks in Egypt following the recent upgrade of the country's sovereign rating, a statement said on Tuesday.

Business - Economy
11/5/2024 2:54:07 PM
The Central Bank of Egypt (CBE) announced Tuesday that it has partnered with the Central Bank of Djibouti (CBD) to conduct a comprehensive training programme for the CBD officials.

Business - Tech
10/31/2024 12:43:33 PM
InstaPay announced Wednesday that certain services provided by some banks in Egypt will experience disruptions on Thursday evening due to scheduled system updates related to shifting to wintertime.

Business - 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.

World - Region
10/21/2024 12:08:23 PM
Israel carried out more airstrikes on Lebanon, including 11 on Beirut's southern suburbs, many of which targeted the branches of the Al-Qard Al-Hassan finance organization, the Lebanese National News Agency (NNA) reported.

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