Several major Egyptian banks have activated card tokenization services through Apple Pay. This follows the Central Bank of Egypt’s (CBE) approval in February 2023 of new regulations allowing the technology. …
CBE
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Economy
Mauritanian Delegation Learns from Egypt’s Financial Inclusion and Literacy Strategies in Landmark Exchange
A delegation from the Financial Inclusion team at the Banque Centrale de Mauritanie (BCM) recently traveled to Egypt for a knowledge exchange program. The visit, organized in collaboration with the …
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Catalyzing the presidential initiative “Bedaya,” the Central Bank of Egypt (CBE) and the banking sector have actively participated in the recent “Good Week” events aimed at supporting vulnerable groups in …
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In a bid to revive its tourism industry, a cornerstone of the Egyptian economy, the Central Bank of Egypt (CBE) has rolled out a strategic support initiative. The program offers …
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The Central Bank of Egypt (CBE) is set to launch an investment guarantee agency for Africa Today, 1st October, with a capital of $50 million, according to Deputy Minister of …
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The Central Bank of Egypt (CBE) and the Central Bank of Tunisia have entered into a memorandum of understanding (MoU) in the banking sector to strengthen collaboration in areas of …
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At the end of Tuesday’s transactions, the Central Bank of Egypt (CBE) released the average closing exchange rates for the US dollar (USD) in comparison to the Egyptian pound (EGP). …
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As per the Central Bank of Egypt, Egypt’s net International Reserves (NIR) increased to USD 46.597 billion (EGP 2.25 trillion) in August from USD 46.49 billion (EGP 2.25 trillion) in …
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Economy
Egypt’s C.Bank Governor Outlines Successes, Challenges In Egypt’s Path To Financial Inclusion
The United Nations Capital Development Fund (UNCDF)-based “Better Than Cash Alliance” conducted an interview with Hassan Abdalla, the Governor of the Central Bank of Egypt (CBE). Under Governor Abdallah’s leadership, …
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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 …