CBE prohibits financing for company formation, capital increases, and dividend distributions
The Central Bank of Egypt (CBE) has issued a directive requiring banks…
Banks operating in Egypt adopt international ISO 20022 standard for financial transfers
In a pivotal step towards transforming Egypt's digital payments infrastructure, the Central…
The Egyptian pound regains the initiative
Just a few weeks ago, most economic analyses were focused on the…
United Bank launches green financing product for medical equipment SMEs
The United Bank has launched a Green Financing Product for Medical Equipment…
Suez Canal Bank explores integrated digital banking, investment services with Thndr, Visa
Suez Canal Bank is exploring opportunities to develop a more integrated digital…
Annual urban inflation eases to 14.6% in May as non-food price pressures moderate: CBE
Annual urban headline inflation edged down to 14.6% in May 2026 from…
CBE Governor explores enhanced cooperation with Tunisian counterpart
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), received Fathi…
Inflation in May 2026: A Reassuring Decline and a Cautionary Signal
The key message in May’s data is that headline inflation continued to…
Daily News Egypt tracks key banking sector performance indicators in 2025
Daily News Egypt reviews the key performance indicators of banks operating in…
Egypt’s headline inflation eases to 14.6% in May; core rate steady at 13.8%
Egypt's annual urban consumer price inflation eased to 14.6% in May 2026…