The Central Bank of Egypt (CBE) report indicated that in June 2024, the number of Egyptian women holding transaction accounts increased to 20.8 million, accounting for 63.4 percent, up from …
Economy
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Economy
NBE, Fawry, National Authority for Social Insurance Ink New Protocol to Enhance e-payment in Egypt
The National Authority for Social Insurance, the National Bank of Egypt, and Fawry for electronic payments have signed a significant protocol to advance electronic payment systems. By joining forces, these …
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Egyptian Minister of Local Development, Dr. Manal Awad, has recently emphasized the substantial progress of the “Mashroa’ak” (Your Project) National Program for Community, Human, and Local Development. According to the …
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EconomyNews
Egypt Launch Environmental & Climate Policy Committee Tasked with Guiding Egypt Toward a Greener Future
Egypt recently established the Environmental and Climate Policy Committee with the aim of guiding the country toward a sustainable and environmentally friendly future. The committee, led by Environment Minister Yasmine …
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The Central Bank of Egypt (CBE) is organizing a training program on extensive data analysis and artificial intelligence (AI) from August 18 to 22. This program is being conducted in …
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Egypt is poised to introduce a new currency, with the final approval from the Central Bank of Egypt (CBE) and the cabinet being the only remaining steps. This development comes …
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According to two government sources, Egypt raised electricity prices for households by nearly 50% yesterday. This decision is part of the country’s ongoing efforts to reduce and eventually eliminate subsidies …
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Egypt’s Entrepreneur Awards (EEA) has announced the shortlisted finalists for its fourth edition, started on August 11th till August 15th, 2024. During this period, the names of the qualified finalist …
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Economy
Rania El-Mashat: Egypt looks Forward to Boosting Cooperation with Saudi Arabia in all Fields
Egypt is eager to enhance collaboration with Saudi Arabia across various sectors, as stated by Planning and Economic Development Minister Rania Al-Mashat. The minister expressed appreciation for the close and …
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Earlier today, Egyptian President Abdel Fattah El-Sisi extended the term of acting Governor of the Central Bank of Egypt (CBE) Hassan Abdalla for another year, as stated in the official …