Browsing: Banking

The Central Bank of Egypt (CBE) has announced preparations for the second phase of its remittance digitization project targeting Egyptian…

The Registration and Licensing Committee of the Financial Regulatory Authority (FRA), established under Decision No. 3060 of 2023, has approved…

The official exchange rate of the US dollar at the Central Bank of Egypt (CBE) surged by EGP 0.53 on…

Egypt’s net international reserves rose to $47.757bn in March 2025, up from $47.393bn in February—an increase of $364m, according to…

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), met with Alfred Hannig, Chief Executive Officer of the Alliance…

A $301m net profit for 2024 has been announced by the Arab African International Bank (AAIB), driven by its shift…

United Bank held its General Assembly meeting under the chairmanship of Omar Mehana, Chairperson of the Board, alongside Ashraf El-Qadi,…

The Central Bank of Egypt (CBE) announced that net foreign assets within the Egyptian banking system rose by approximately $1.5bn…

HSBC has unveiled an innovative cash concentration solution designed to help corporate clients navigate the Middle East’s accelerating digital transformation.…

Ahmed Eissa, Executive Vice President of Banque Misr, has signed a landmark EGP 200m contract with Basil Rahmy, CEO of…