Fintech Egypt, a division of the Central Bank of Egypt, recently launched an event called “Women for Women in FinTech”. The main objective of this event is to provide innovative …
CBE
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Banque du Caire, a leading Egyptian bank, has received approval from the Central Bank of Egypt (CBE) to increase its issued and paid-up capital by EGP 9 billion, bringing it …
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The Central Bank of Egypt (CBE) recently released the key financial soundness metrics for Egyptian banks as of the end of 2023. According to a new report, CBE noticed a …
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On Sunday, the dollar fell from EGP 50.70 in some banks to EGP 47.76 to buy and EGP 47.90 to sell. Today, the dollar price at the Central Bank of …
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In its quest to achieve economic empowerment and enhance financial inclusion across all societal segments, the Central Bank of Egypt (CBE) is dedicated to improving women’s access to financial services …
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The Central Bank of Egypt (CBE) has just instructed banks to remove limits on foreign spending for all credit cards. The bank’s decision aims to strengthen the stability of the …
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Egypt’s financial inclusion rates significantly surged to 70.7% by the end of 2023, according to the Central Bank of Egypt (CBE). According to CBE’s financial inclusion indicators for the year, …
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The Central Bank of Egypt (CBE) has just issued new rules for customers who do not provide proof of use for their credit cards abroad within 90 days of using …
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EconomyHighlights
Cooperation between “Visa” and “Egyptian Banks Company” to Facilitate Remittances for Egyptians Abroad
Cairo, Egypt – 11 February 2024: Visa, a world leader in digital payments, announced the signing of a Memorandum of Understanding (MoU) with Egyptian Banks Co. for Technological Advancements (EBC), …
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EconomyHighlights
Central Bank of Egypt announces a $30 million increase in foreign currency reserves
The Central Bank of Egypt (CBE) announced Monday an increase in the reserves of foreign currencies by about 30 million dollars. The CBE put the total reserves of foreign currencies …