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Banks
Egypt’s central bank orders exchange firms to adopt goAML to curb money laundering risks
Egypt’s central bank has instructed exchange companies to implement the goAML reporting system, stepping up efforts…
Egypt’s Sisi approves $499,000 AfDB’s MIC-TAF grant
Egypt has approved a grant agreement with the African Development Bank (AfDB) worth 499,000 units of account (UAs)…
Egypt restructures economic ministerial team to strengthen fiscal-monetary coordination
Egypt restructured its economic ministerial group on Thursday, placing it under the direct supervision of Prime…
Egypt weighs financing plan for shift to modern irrigation systems
Egypt’s finance and irrigation ministers discussed on Tuesday plans to finance a transition to modern irrigation…
URGENT: Egypt’s annual core inflation hits 14% in March – CBE
Egypt’s annual core inflation rose to 14.0 per cent in March, up from 12.7 per cent in February, the Central Bank…
Egypt maintains economic stability 40 days after regional tensions erupt – PM
Egypt’s Prime Minister Moustafa Madbouly said on Thursday the country’s economy remains stable 40 days after the…
Banks in Egypt to close 12–13 April for Easter, Sham El-Nessim holidays
Egypt’s central bank said on Thursday that all banks operating in the country will suspend work on Sunday and…
Sisi approves €75 mln EU grant to support local reform programme
President Abdel Fattah El-Sisi approved on Thursday a €75 million grant from the European Union to support the…
Sisi reviews economic performance, FX buffers with PM, central bank chief
Egypt’s President Abdel Fattah El-Sisi on Monday reviewed efforts to curb inflation, boost foreign currency…
Egypt’s c.bank, media regulator sign deal on digital banking transparency
Egypt’s central bank and the Supreme Council for Media Regulation (SCMR) signed a cooperation protocol on Monday to…