The Egyptian Central Bank (CBE) has announced the successful completion of the third phase of the Egyptian Money Market Development project, which aims to improve the efficiency and transparency of …
Economy
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On Tuesday, the eighth annual meeting of the Asian Infrastructure Investment Bank (AIIB) concluded, with a focus on expanding public-private partnerships and access to concessional financing to finance climate projects …
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Egypt is planning to raise $5bn from the sale of its stakes in various public and private assets by June 2024. Among the assets to be sold are 20% of …
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EconomyHighlightsLifestyle
NCW Launches New Phase of Financial Education Program for Women in 22 Governorates
The National Council for Women continues its efforts within the financial education program as a new phase of the program begins. That new phase targets 28,000 women across 22 governorates …
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Egypt’s central bank has won two won two of the five AFI Global Alliance for Financial Inclusion Awards, on the sidelines of AFI’s 13th annual conference in the Philippines. The …
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HSBC announced that it plans to make available $1bn of financing to early-stage climate tech companies around the world. The financing is expected to support start-ups to create a range …
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EconomyHighlightsWomen’s Achievements
WIRE Discusses Female Leadership in Egypt’s Real Estate Sector During Cityscape 2023
Women in Real Estate (WIRE) arranged a panel discussion titled “Resilient Women at the Forefront of the Egyptian Real Estate Landscape” in conjunction with Cityscape 2023. The panel, moderated by Mona …
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EconomyHighlights
Egypt’s Hosting of AIIB Meetings Affirmed Close Ties with Development Banks: Mashat
The Minister of International Cooperation, Rania El Mashat, recently announced that hosting the annual meetings of the Asian Infrastructure Investment Bank (AIIB) in Egypt would strengthen the country’s ties with …
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Banque Misr, a prominent financial institution in Egypt, is planning to establish a green investment fund in the first quarter of 2024, according to Daily News Egypt. This fund would …
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Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has announced the expansion of its Direct Remit Service to Egypt as part of the bank’s commitment to upgrade its money transfer …