Tag: CBE

Banks in Egypt to offer free account openings with no minimum balance

All banks operating in Egypt will offer free account openings starting Sunday,…

Hossam Mounir

Egypt’s banking sector sees $37.8bn surge in net foreign assets over one year

Egypt’s banking sector, encompassing both the Central Bank of Egypt (CBE) and…

Hossam Mounir

Islamic banking in Egypt increases to EGP 1.14trn in 2024

The Islamic banking sector in Egypt reached EGP 1.14trn in 2024, representing…

Hossam Mounir

Net foreign assets in Egypt’s banking sector surge to $8.7bn in January 2025: CBE

The Central Bank of Egypt (CBE) has reported a significant rise in…

Hossam Mounir

Finance Ministry to issue EGP 730bn in T-bills, bonds in March

The Ministry of Finance has unveiled its plan to issue 32 treasury…

Hossam Mounir

Egyptian remittances: Cornerstone of economic stability

Remittances from Egyptians working abroad remain one of the most significant and…

Mohamed Abdel Aal

CBE hosts Bank of Tanzania delegation to strengthen African financial cooperation

As part of Egypt’s commitment to deepening ties with African nations, the…

Daily News Egypt

Egypt’s financial inclusion rate hits 74.8%, with 52 million using transaction accounts

Financial inclusion rates in Egypt continue to rise, with approximately 52 million…

Daily News Egypt

Egypt’s banking sector expands sustainable finance initiatives

Egypt’s banking sector, under the leadership of the Central Bank of Egypt…

Hossam Mounir