The Central Bank of Egypt (CBE) has granted Misr Digital Innovation (MDI) preliminary approval to launch the country's first digital bank.
13.10.2024
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News by
Connecting Africa
The national Bank of Egypt (NBE) and Banque Misr, the two largest government banks, cut interest on 3-year dollar savings certificates by about 0.50%.
10.10.2024
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The current account flipped to a $3.71 billion deficit in the April-June quarter from a $557 million surplus a year earlier.
02.10.2024
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News by
Reuters
Sunday will be a holiday for all banks in Egypt on the anniversary of the 6th of October war triumph, the Central Bank of Egypt (CBE) said.
02.10.2024
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News by
Ahram Online
This meeting will be preceded by a workshop titled Increasing the Strength and Stability of the Financial System in the Age of Digitization.
29.09.2024
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News by
Ahram Online
Financial experts and policymakers have urged caution, advocating for a delay until there is more clarity on global interest rate trends.
Papers by
Egypt Business Directory
The dollar depreciated against the Egyptian currency by about 20 piastres to record EGP 48.48 to buy and EGP 48.62 to sell.
26.09.2024
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Egypt's central bank aims to sell shares in state-owned United Bank in an initial public offering (IPO) on the stock exchange by the end of March.
23.09.2024
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News by
Reuters
Egypt’s last Eurobond issuance was back in 2021 when it joined “a rush of emerging-market governments taking advantage of low borrowing costs.
23.09.2024
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News by
Egypt Today
This partnership aims to strengthen the NIB's pivotal role as a key economic and investment driver crucial for advancing development goals.
12.09.2024
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News by
Egypt Today
The bank also announced an increase in the foreign currency spending limits on its credit cards for transactions outside of Egypt.
10.09.2024
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News by
Cairo Scene
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is scheduled to convene on Thursday to decide on interest rates.
05.09.2024
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News by
Ahram Online