Egypt launches new expat banking initiative to spur inflows
Egypt’s central bank and ministry of foreign affairs on Sunday launched a new initiative aimed at simplifying bank…
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Banking
Egypt PM reviews IPO plans, eyes stronger role for EGX in boosting private investment
Egypt's Prime Minister Moustafa Madbouly on Sunday reviewed progress in preparing state-owned companies for listing…
Egypt’s banks shut Oct. 9 to mark 6th of October Victory
All banks in Egypt will be closed on Thursday, Oct. 9, to mark Armed Forces Day - the 6th of October Victory, the…
S. Korea’s average deposit rates slightly fall in July ’25
South Korea’s average interest rate on new deposits fell to 2.51 per cent in July 2025, down 4 basis points from…
Egypt’s banks off on Sept. 4
The Central Bank of Egypt (CBE) announced that all banks operating in the country will be closed on Thursday,…
Egypt signs agreement with AAMBFS to boost training in public enterprises
Egypt’s Ministry of Public Business Sector signed a cooperation protocol with the Arab Academy for Management,…
Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end
Fitch Ratings expects ASEAN’s Islamic finance industry, valued at nearly $950 billion in mid-2025, to exceed $1…
National Bank of Egypt reports service disruptions after Ramses Exchange fire
The National Bank of Egypt (NBE) announced on Tuesday that certain services will experience temporary disruptions…
German Watchdog: Banking sector solid, outlook still unclear
Germany’s financial firms remain resilient, but high uncertainty continues to cloud the outlook, according to BaFin…
Egypt’s Investment Min. discusses digital payments collaboration with Visa
Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib, held a meeting with Robert Thomson, Global…