Fintech serves as keystone element in banking, financial development in Egypt: CBE
Egypt has over 177 fintech startups, payment platforms, 5.5 times increase in…
Mobile wallets increase to 34 million, with monthly transactions of EGP 100bn in June 2023: CBE
85 million monthly transactions recorded in June, annual increase of 130%
NBE, Banque Misr offer new 7% and 9% dollar savings certificates
The National Bank of Egypt (NBE) and Banque Misr announced Tuesday the…
CIB reports consolidated net income of EGP 7.99bn in 2Q 2023
Commercial International Bank (CIB) Monday reported second-quarter 2023 consolidated net income of…
New government initiative to support tourism is under consideration: CBE
The Central Bank of Egypt (CBE) said that a new initiative to…
CBE replaces 10.8 million payroll cards for public workers, pensioners with ‘Meeza’ cards in 2022
The Central Bank of Egypt (CBE) has revealed the completion of the…
Financial transactions through digital channels increase to about EGP 10trn: CBE
InstaPay users exceed 3.8 million, making about EGP 300bn worth transactions in…
177 fintech companies attract $800m investments in 2022: CBE Deputy Governor
Banks’ online transactions amount to EGP 3trn in past 6 months
Why did Egypt’s inflation increase during June 2023?
Egypt’s annual urban inflation increased to 35.7% in June 2023 from 32.7%…
CBE takes first steps towards launching digital banks in Egypt
CBE announces new digital bank capital requirements, regulations