Banks Egypt’s c.bank issues new digital banks licensing rules Yassmine Elbehnaihy Jul 13, 2023 0 The Central Bank of Egypt (CBE) has issued new rules for licensing and registering digital banks, with the banks…
Banks Egypt’s inflation likely to trigger interest rate hike Yassmine Elbehnaihy Jul 11, 2023 0 Egypt’s inflation has jumped to 36.8 percent, and as a result, Egyptian policymakers are likely to keep adopting…
Tech/AI Egypt to establish 6 complexes for gold extraction in Eastern Desert Sama Mousa Jul 9, 2023 0 Egypt is set to establish six complexes for gold extraction in the Eastern Desert, Ashraq business reported on…
Banks Egypt’s foreign reserves hike to $34.806 bln in June – c.bank Nada Ali Jul 9, 2023 0 Egypt’s net foreign reserves rose to $34.806 billion at the end of June from $34.551 billion at the end of May,…
Money Egypt’s central bank to join Afreximbank’s PAPSS platform soon: Orama Fatma Ibrahim Jul 6, 2023 0 Egypt’s central bank will soon join the African Export-Import Bank’s (Afreximbank) Pan-African Payment and…
Money Hassan Abdallah: World Food Programme agrees $431 mln, 5-year partnership with Egypt Yomna Yasser Jul 1, 2023 0 Egyptian central bank governor Hassan Abdalla has on Friday delivered a speech at the annual session of the…
Money Egypt’s central bank leaves key interest rates on hold Yomna Yasser Jun 22, 2023 0 Egypt’s central bank kept its key interest rates unchanged on Thursday after President Abdel Fattah al-Sisi showed…
Money Egypt’s gold reserves hit $7.9 billion in May – c.bank Amwal Al Ghad English Jun 7, 2023 0 Egypt’s gold reserves, a major component of foreign cash reserves, rose to $7.949 billion at the end of May from…
Money Egypt’s net foreign reserves rise to $34.660 bln in May – c.bank Yomna Yasser Jun 6, 2023 0 Egypt’s net foreign reserves increased to $34.660 billion at the end of May from $34.551 billion at the end of…
Africa News Fintech startups raise $250 million in Egypt: CBE sub governor Sama Mousa May 25, 2023 0 Fintech startups have raised $250 million in Egypt said Rasha Negm, Assistant Sub-governor of fintech, during the…