The central bank lowered rates by 100 basis points on May 22 and by 225 basis points on April 17, its first adjustments since ...

The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate ...

LONDON, June 24, 2025 /PRNewswire/ -- iscore, a leading data solutions provider, has been recognised as the "Most Innovative ...

Climate change, water scarcity and food security present many challenges to Egypt as it works to become a sustainable economy.   Various public and private initiatives have been rolled out over the ...

In its monthly statistical bulletin on Tuesday, the CBE added that debt service burdens are divided into $1.861 billion in interest paid and $11.492 billion in installments paid. The CBE explained ...

Archaeologists in Egypt recently uncovered a once-in-a-lifetime discovery: an unknown pharaoh's tomb, dating back 3,600 years. The excavation, which was conducted near the Egyptian city of Abydos ...

Customers outside Egypt will be able to transfer their money instantly from their banks to their bank account or electronic wallet via InstaPay for a fee determined by the bank, he explained, noting ...

During the visit, the CBE provided a comprehensive presentation detailing its regulatory framework, designed to align with and achieve Egypt's Vision 2030.

In support of Egypt's digital transformation and innovation to boost the economy, the CBE issued“Licensing and Registration Rules for Digital Banks and their Supervision,” which came into ...

The CBE's financial inclusion strategy for 2022-2025 focuses on underserved groups, including women, youth, and Persons with Disabilities (PWDs). This strategy aligns with global best practices ...

The Central Bank of Egypt (CBE) has disclosed the principal financial soundness indicators for banks within the Egyptian market as of year-end 2023. According to a recent report, CBE noted a decrease ...

CBE revealed that the private sector accounted for 52.2% of the total loans granted by banks to their customers in September 2023, down from 53.6% in June 2023. It said that the private sector ...