Finance News
-
Kuwait plans pumping new investments into Egypt
Kuwaiti ambassador in Cairo Ghanim Saqr Al-Ghanim said Kuwaiti government is currently studying a group of investment opportunities.
-
CBE launches payment cards’ tokenization and Apple Pay service
The Central Bank of Egypt (CBE) announced Thursday the launch of payment card tokenization on mobile applications and the Apple Pay service.
-
Egypt to announce 2nd phase of tax incentives and facilities in upcoming 6 months
These incentives aim to strengthen the "trust, partnership, and support" of local and international investors.
-
You can now use Apple Pay in Egypt with CIB cards
With this launch, the CIB aims to ease everyday transactions for its customers, providing them with a faster way to pay.
-
How Egypt is reimagining growth
As the nation charts its path forward, it’s not just reshaping its economy but redefining its place in a rapidly changing world.
-
NBE, Banque Misr, CIB launch Apple Pay activation trials
The National Bank of Egypt (NBE) launched Tuesday Apple Pay service activation trials for secure contactless payments.
-
Four Egyptian Armed Forces-affiliated companies to go public in 2025
Egypt will list four companies affiliated with the Armed Forces on the Egyptian Stock Exchange (EGX) in 2025.
-
Egypt delays launch of financial derivatives market until Q2 2025
The delay comes as preparations for the market, in coordination with the Egyptian Exchange (EGX), are still underway.
-
Egypt annual core inflation drops by 0.7% in November to 23.7%
The Central Bank of Egypt (CBE) announced Tuesday that the annual core inflation rate continued its downward trend for the third consecutive month.
-
Egypt's United Bank commences trading on EGX
The United Bank (UB) of Egypt announced on its website that the bank’s ordinary shares began trading on Tuesday on the Egyptian Stock Exchange (EGX).
-
Egypt's inflation dips to near two-year low of 25.5% in November
The median forecast of 15 analysts in a Reuters poll had been for annual inflation to inch down to 26.4% last month.
-
Egyptian pound registers new record EGP 50.58 against US dollar
The Egyptian pound exchange rate slightly increased on Monday by 0.54 percent to EGP 50.58/$1, compared to EGP 50.31/$1 on Sunday.
-
Egypt finance minister discusses economic policies at National Press Authority
The recent National Press Authority (NPA) seminar aimed to enhance cooperation between the authority and the Egyptian Ministry of Finance.
-
Egypt state-owned Delta Insurance receives 2 acquisition offers
State-owned Delta Insurance has received acquisition offers from AXA Egypt and Wafa Life Insurance Egypt, with an estimated purchase price of EGP 5bln
-
Egypt pound breaches 50 to the dollar
The pound has traded within a narrow range just short of 50 to the dollar since Egypt signed an $8 billion financial support package with the IMF.
-
Egypt To Float Up To Four Army-owned Firms: PM
The government has been under pressure to sell stakes in state-owned companies under a bailout package secured from the IMF.
-
A new era for Egypt's private sector
Egypt is transforming its economic model by empowering the private sector, introducing investor-friendly reforms.
-
Egypt to list armed forces companies to boost economic growth
For investors, this initiative opens doors to new opportunities in one of the region’s most dynamic markets.
-
Egypt ranks 2nd for budget transparency in MENA survey
Egypt has ranked second, following Jordan, for budget transparency across the Middle East and North Africa (MENA) region.
-
Contact Pay, eKhales expand partnership to offer PoS payment solutions
This partnership enables Contact customers across the country to conveniently settle their payments via eKhales’ expansive partners network of PoS.