Banks in Egypt switch to IBAN standard to ease cross-border transactions
IBAN used in international transfers, standard method for accurate identification of bank…
CBE amends tourism worker support initiative
The article includes the payment of salaries for tourism sector workers for…
AMF prepares launch of international immediate payment service
The new service is the latest part of its "Beni" platform for…
CBE provides EGP 7bn guarantee for corporate financing
Initiative aims to benefit clients of industrial, agricultural, and contracting private sectors…
CBE confirms financial soundness of banks operating in Egypt
Banking sector’s financial position reaches EGP 6.165trn, capital adequacy ratio increases to…
Egypt to borrow EGP 600bn through T-bills, T-bonds in 3 months
Finance Ministry to issue EGP 499.5bn of T-bills, EGP 100.5bn of T-bonds…
CBE reviews interest rate amid expectations to remain unchanged
No strong prospects for inflationary pressures off of rising electricity prices or…
MSMEDA finances projects for Egyptian returnees from Libya
Agency is implementing state directives to provide financial, technical, training services to…
MSMEDA provides EGP 2.3bn financing for infrastructure, community development under Al-Sisi
Projects provide nearly 30m job opportunities for daily workers nationwide, says Nevine…
73.5% of Egyptian families see declining income due to COVID-19: CAPMAS
Half of families involved in CAPMAS study resort to borrowing to manage…