Egypt issues digital payment, lending, saving rules for mobile wallets
EGP 5,000 maximum limit set for mobile loans for individuals for 1…
CBE approves 3rd edition rules for mobile wallet payment services
Transactions made through mobile wallets in 2020 reach EGP 100bn, according toCBE
Egypt sees some leading indicators to maintain economic recovery in Q4 2020: CBE
Upward movement builds on initial recovery following easing of partial lockdown measures,…
saib Bank targets over 50% growth in retail banking portfolio during 2021
Personal loans represent 48% of bank’s total loan portfolio, while auto loans…
Financial position of banks in Egypt rises to EGP 7.158trn in January 2021: CBE
Net foreign assets increase by EGP 152.5bn over 7 months
Egypt’s balance of payments records $1.5bn surplus in H2 2020: CBE
Current account deficit increases by 66.9% to $7.6bn in H2 2020
Changelabs launches Egypt’s 1st Green Scale-Up Accelerator
Launch comes in partnership with leading European investment fund
Egypt’s external debt increases to $129.2bn in 2020: CBE
Short-term debt decreases to 9.2% of total external debt in 2020
National Bank of Egypt, Banque Misr lead coalition to provide EGP 10bn finance to SCZone
Funding will be directed to development of infrastructure, facilities in industrial zones,…
New SMEs law enters into effect after executive regulations issued
Trade Minister Nevine Gamea invites SME owners to obtain project classification certificate…