CBE encourages banks to invest in equity for SMEs through some incentives
The Central Bank of Egypt (CBE) agreed to allow banks to count their own equity investments in SME-focused funds as…
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Egyptian market needs EGP1.5 tn funds to raise development rates:Amer
The banking sector needs to pump funds of 1.5 trillion into the Egyptian market to support the economy and increase…
Egypt digital industry seen doubling to 8% of GDP
Digital economy industry in Egypt accounts for around 4 percent of its GDP, yet it is expected that the digital…
Ernst & Young to submit studies for Egypt’s innovation fund before year-end
Egypt’s central bank says it will receive studies before the end of the month from Ernst & Young with the goal…
Egypt’s central bank studies issuing digital currency – official
Egypt’s central bank is studying issuing a digital currency, its sub governor Ayman Hussein said at conference in…
Digital economy plays important role in creating investments: Aboul Gheit
Arab League Secretary-General Ahmed Aboul Gheit said that the digital economy is playing an important role in…
Four Egyptian banks seek digital banking licence – sub governor
Four Egyptian banks are applying for digital banking licence, said central bank sub governor Ayman Hussein said on…
Egypt’s digital economy sector growing to 4% of GDP – minister
Digital economy industry in Egypt accounts for around 4 percent of its GDP, former Communications Minister Atef…
Egypt to launch $55.7 mln innovation fund by 2019 – c.bank governor
Egypt’s central bank plans to launch a 1 billion Egyptian pound ($55.7 million) innovation support fund by 2019,…
Common Arab digital economy strategy launched in Abu Dhabi
The First Arab Digital Economy Conference has launched a common Arab digital economy strategy under the theme of "A…