Egyptian team clinches first place at Arab FinTech Challenge for second year running
One of the top qualifiers from the second edition of the “FinTech…
ADIB Egypt invests EGP 1bn in technological infrastructure, digital transformation
Abu Dhabi Islamic Bank Egypt (ADIB) has announced plans to invest approximately…
Saib Bank achieves net profit of EGP 1.28bn in September 2024, with 118% growth
Saib Bank reported a 118% increase in net profit, reaching EGP 1.28bn,…
Islamic banking in Egyptian market increases to EGP 1.080trn in September 2024
The Egyptian Islamic Finance Association (EIFA) reported that the volume of Islamic…
Inflation to stabilize until late 2024 despite upward risks: CBE
The Central Bank of Egypt (CBE) expects inflation to stabilize at its…
Strong expectations for fifth consecutive EGP interest rate hold
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…
Annual urban inflation remains stable at 26.5% in October: CBE
Egypt’s annual urban headline inflation remained broadly stable for the third consecutive…
CBE secures top places at 12th Regional Cybersecurity Competition
The Egyptian Computing Incident Response Team (EG-CIRT) and the Computing Incident Response…
65.5% increase in Egyptian remittances during August: CBE
Remittances from Egyptians working abroad surged by 65.5% in August 2024, reaching…
CBE receives $1.739bn in bids for US dollar-denominated T-bills auction
The Central Bank of Egypt (CBE) received 30 bids totalling $1.739bn to…