The Central Bank of Egypt (CBE) has released new regulations allowing mobile wallet users to borrow, withdraw, and transfer larger sums per day. Read More...
The Central Bank of Egypt (CBE) will this year launch a full-fledged instant payment module, after finalizing regulations, CBE Deputy Governor Rami Aboul Naga revealed. Read More...
The Central Bank of Egypt (CBE) and the Ministry of Supply and Internal Trade have signed an agreement to provide the finance needed to develop Eish baladi (Egyptian bread) bakeries. Read More...
Egypt’s net international reserves (NIRs) rose for the tenth month in a row to reach $40.3 billion by the end of March, up from $40.2 billion in February, the Central Bank of Egypt (CBE) announced. Read More...
FinTech Egypt, an affiliate of the Central Bank of Egypt (CBE), has organised a virtual closing ceremony to celebrate the awarded university students participating in the “FinYology-FinTech for Youth”… Read More...
The Central Bank of Egypt (CBE) issued new set of regulations for banks to facilitate measures required for opening new bank accounts for citizens. Read More...
The Central Bank of Egypt (CBE) has extended the exemption period for rice, lentils, and beans from the 100 percent cash cover requirements for one year ending on 15 March 2022. Read More...
Egyptian bank deposits rose in November to 5.126 trillion Egyptian pounds ($325.7 million) from 5.088 trillion pounds in October, according to data released by the country’s central bank. Read More...
Egypt’s central bank has kept its key interest rates unchanged on Thursday, saying inflation as inflation remained below target and growth seen to be picking up. Read More...
Major financial institutions in Egypt including Beltone financial as well as some banking experts believe that The Monetary Policy Committee (MPC) at the Central Bank of Egypt (CBE) will keep the… Read More...