Egypt’s FRA, Supreme Council for Media Regulation sign protocol on digital platforms
Egypt’s Financial Regulatory Authority (FRA) and the Supreme Council for Media Regulation signed a cooperation…
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Financial Services
Egypt’s financial inclusion rate rises to 79% by June 2026 – CBE
Egypt's financial inclusion rate rose to 79 per cent by the end of June 2026, with 56.4 million adults holding…
Egypt’s FRA denies rumours of non-banking finance branch closures
Egypt's Financial Regulatory Authority (FRA) denied reports circulating on social media claiming it had ordered the…
Egypt’s National Investment Bank retains ISO 9001:2015 certification
Egypt's National Investment Bank (NIB) has successfully passed the periodic external audit for the ISO 9001:2015…
Top EGX-listed firms win Top 100 Companies Award at Amwal Al Ghad 2026
Egypt's Amwal Al Ghad honoured leading firms at the 11th Amwal Al Ghad Awards Ceremony 2026, held on Monday, as…
NI Capital’s Sahmy 70 fund posts 66.3% return in first year
Egypt's NI Capital said on Sunday its Sahmy 70 fund generated a cumulative return of 66.3 per cent in its first…
Egypt showcases investment opportunities, reform progress at BEBA UK mission
Egypt highlighted this week investment opportunities and progress in economic reforms at the "Egypt Future:…
Egypt’s bourse approves listing of Misr Life Insurance shares for first time since…
The Egyptian Exchange’s (EGX) Listing Committee approved the temporary listing of Misr Life Insurance Company…
Egypt’s MSMEDA outlines support for SMEs at Women’s Summit
Egypt’s Micro, Small and Medium Enterprise Development Agency (MSMEDA) oversees the regulatory framework and…
Egypt’s GAFI launches digital platform for investor financial examinations
Egypt’s General Authority for Investment and Free Zones (GAFI) on Monday launched a new electronic platform for…
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…
S&P Global: Banks lead eurozone sector growth in August
European banks topped sector growth rankings in August, posting their fastest expansion since June 2024, according…
Egypt eyes stronger partnership with Standard Chartered Bank
Egypt’s Deputy Minister of Investment and Foreign Trade Ghada Nour held a high-level meeting with representatives…
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…
China’s non-manufacturing PMI up in June ’25
China’s non-manufacturing Purchasing Managers’ Index (PMI) rose to 50.5 in June 2025, up 0.2 percentage points from…
Malaysia’s FDI net inflows hit RM51.5bn in ’24
Malaysia recorded a higher net inflow of foreign direct investment (FDI) in 2024, reaching RM51.5 billion.
Egypt’s FRA: Non-banking financing hits EGP 283.6bn in Q1 ’25
Egypt’s Financial Regulatory Authority (FRA) reported that total financing provided through entities under its…
ADB, Japan launch $20m trust fund
The Asian Development Bank (ADB) and Japan have initiated a new trust fund to support private sector development in…
Egypt explores investment opportunities with Türkiye’s Sabancı
Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib, met with Cenk Alper, CEO of Türkiye’s Sabancı…
UK, Qatar partner on £1b climate investment
The UK and Qatar have announced a new partnership to invest in climate technologies and deepen cooperation in…
UK, Thailand sign enhanced trade partnership
The UK and Thailand have signed an Enhanced Trade Partnership (ETP) on Wednesday, aimed at increasing trade and…
S. Arabia’s GDP down by 0.3% in Q2 ’24
Saudi Arabia’s real GDP declined by 0.3 per cent in Q2/2024, while seasonally adjusted GDP increased by 1.4 per…
Modern Gas, Contact sign e-payment protocol
Modern Gas and Contact CreditTech have signed a strategic cooperation protocol to offer innovative financial…
Egypt to boost private sector with IFC – minister
In a bid to bolster Egypt's private sector, Rania Al-Mashat, the Minister of International Cooperation and Governor…
Egypt’s financial inclusion rates surge to 70.7% in ’23
Egypt’s financial inclusion rate increased to 70.7 per cent during the previous year, representing a 174 per cent…
Ericsson targets 50% of mobile wallets in Africa
Ericsson AB, a manufacturer of 5G networks globally, is expanding a financial technology company that facilitates…
Visa launches $100mln generative AI ventures initiative
Visa launched on Monday a new $100 million generative AI ventures initiative to invest in companies harnessing…
Egypt’s Aman aims to expand financial services across Saudi Arabia, Nigeria
Egyptian FinTech firm Aman Group, which is owned by Raya Holdings and the National Bank of Egypt (NBE), announced…
Egypt’s EFG Hermes advising on 4-5 acquisitions
Egypt’s EFG Hermes is advising on 4-5 acquisitions expected to close before the end of the year, Mostafa Gad,…
European markets close lower as tech and banking stocks dragged
European stocks closed lower on Monday, pushed down by the selling of stocks in financial services and tech. The…
Stocks close at record highs after Fed signals it will raise rates in December
U.S. stocks closed higher on Wednesday after the Federal Reserve released a summary from its previous meeting that…
UK banks call for mutual recognition agreement with EU after Brexit
Britain and the European Union should accept each other’s rules governing financial services in a “flexible”…
Egypt’s Pharos eyes running two IPOs on Cairo bourse in H2-2016
Egypt’s investment bank, Pharos Holding is working on two initial public offerings (IPOs) on Cairo bourse that are…
663 New Firms Founded in Egypt during September, Mostly in Sharqia
In October, around 663 new companies have been created in Egypt, totalling EGP 699.4 million in issued capitals, a…
Saudi Banks Most Profitable In Middle East
Out of the top 50 banks in the Middle East ranked by assets for the period H1 2011, Saudi banks lead the pack…
Standard Chartered Reaches $340 Million Settlement Over Iran
Standard Chartered Plc agreed to pay $340 million to New York's bank regulator over transactions linked to Iran, in…
Telecommunication Sector Tops EGX’s Weekly Volume of Trades
During the last week’s trading, Telecommunication Sector topped the most active EGX’s volume of trades as it has…