The Central Bank of Egypt (CBE) announced that all banks operating in Egypt are closed on Wednesday, January 1, due to the end of the fiscal year. This decision comes within the annual arrangements ...

PayMint, a leading financial technology company, has announced that it has obtained final approval from the Central Bank of Egypt to launch its first Meeza prepaid cards in partnership with Abu Dhabi ...

The percentage of non-performing loans amounted to 2% of the total loans in the 10 largest banks operating in the Egyptian market and 1.9% in the five largest banks. CBE indicated that banks ...

Egypt’s central bank kept its overnight interest rates unchanged on Thursday, as expected, saying that while inflation was set to decelerate sharply in early 2025 it nonetheless remained high.

The US dollar exchange rate against the Egyptian pound remained stable on Friday, across 17 local banks, holding at the levels recorded on Thursday morning. This comes after the Egyptian pound ...

The Central Bank of Egypt (CBE) announced Monday that all banks in Egypt will be closed on Tuesday on the occasion of the Christmas. All banks will resume work on Wednesday, 8 January. Moreover ...

Egypt’s net foreign assets (NFAs) tumbled by $3.25bn in November, the second decline in two months, as impending foreign liabilities put the currency under pressure, central bank data showed.

Digital innovation, caution and synergy: Ismail Douiri, deputy chief executive of Attijariwafa Bank, explains how Morocco’s largest banking service provider aims to stay ahead of the pack.

The Central Bank of Egypt (CBE) has announced an increase in the maximum transaction limits for financial inclusion accounts, which apply to withdrawals, outgoing transfers, debit operations, and ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

Image: Shutterstock The Central Bank of Egypt (CBE) announced the launch of tokenisation of payment cards on mobile applications, in line with its efforts to promote the adoption of e-payments in the ...