Orascom Financial Holding (OFH) is exploring the possibility of applying for a digital banking licence in Egypt …
Central Bank of Egypt
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Egypt NewsFeatureNewsTech newsTech/AI
CBE: monthly transactions via mobile wallets increase to EGP 100bln
by Sama Mousaby Sama MousaThe Central Bank of Egypt (CBE) announced on Thursday that the monthly transactions via mobile wallets services …
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BanksEgypt NewsFeatureIndustry & TradeMoneyNewsTech/AI
Egypt’s current account deficit at $5.3bln in July-March 2022/23 – CBE
by Sama Mousaby Sama MousaEgypt’s current account deficit shrunk to $5.3 billion in July-March of the fiscal year 2022/23 compared to …
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Egypt NewsNews
Egypt’s initiative to support tourism under consideration – CBE
by Sama Mousaby Sama MousaEgypt is considering launching a new initiative to support the tourism sector, said the Central Bank of …
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Africa NewsBanksEgypt NewsFeatureMoneyNews
Egypt’s c.bank, CBN sign MoUs to exchange expertise in fintech, e-payment system
by Nada Aliby Nada AliThe Central Bank of Egypt (CBE) signed two Memorandum of Understanding (MoU) with the Central Bank of …
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BanksEgypt NewsFeatureMoneyNews
Bank credit facilities increase 9 months – CBE
by Sama Mousaby Sama MousaThe Central Bank of Egypt (CBE) revealed on Monday that bank credit facilities increased to about 4.482 …
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Egypt and the German Development Bank (KfW), on behalf of the German Federal Ministry for Economic Cooperation …
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Africa NewsBanksFeatureNews
AfDB annuals meetings 2023 discusses challenges facing MDBs
by Nada Aliby Nada AliThe African Development Bank Group’s Annual Meetings 2023 kicked off on Monday the first side event addressing …
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BanksEgypt NewsFeatureFinancial InstitutionsMoneyNews
Egypt puts out treasury bills worth total of EGP 39.5bln
by Nada Aliby Nada AliThe Central Bank of Egypt (CBE) is issuing treasury bills (T-bills) worth 39.5 billion Egyptian pounds, in …
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BanksEgypt NewsFeatureMoneyNews
Remittances from Egyptians abroad were $12 billion in H1-FY2022/23 – central bank
Remittances from Egyptians working abroad amounted to $12 billion in the first half of the 2022-2023 financial …