Egypt’s Central Bank Governor, Hassan Abdallah, and Dr. Khaled Abdel Ghaffar, Deputy Prime Minister for Human Development and Minister of Health and Population, presided over the signing ceremony for the …
Central Bank of Egypt
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The acting Assistant Governor of the Central Bank of Egypt (CBE) for Banking Operations and Payment Systems, Mohamed Amer, announced that the bank’s digital transformation efforts—driven by advanced technological solutions …
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EconomyHighlights
FATF Recognizes Egypt as Global Model for Balancing Financial Inclusion and Anti-Money Laundering Compliance
The Financial Action Task Force (FATF) has officially recognized Egypt’s experience as a global best practice in balancing financial inclusion with robust compliance to anti-money laundering (AML) and counter-terrorism financing …
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As part of the Memorandum of Understanding (MoU) signed between the Central Bank of Egypt (CBE) and the Ministry of Communications and Information Technology (MCIT) to enhance youth skills through …
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Egypt’s official gold reserves have reached 128.6 metric tons as of mid-2025, according to the latest data from the World Gold Council, positioning the country as a major player in …
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EconomyHighlights
Egypt Expands Card Tokenization Services to Android Devices in Push for Digital Payments
The Central Bank of Egypt (CBE) has announced a major step forward in the country’s digital finance transformation, confirming that it is working with local banks to launch card tokenization …
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EconomyHighlights
Egypt’s Financial Inclusion Hits 74.8% by End of 2024, Driven by Youth and Women Empowerment
The Central Bank of Egypt (CBE) announced that 74.8% of citizens aged 15 and above now have access to and actively use formal financial accounts. This includes accounts with banks, …
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EconomyHighlights
President Sisi Renews Hassan Abdalla’s Term as CBE’s Acting Governor, Banking Expert Sahar El-Damaty Hails Decision
Egyptian President Abdel Fattah El-Sisi has issued a presidential decree renewing the appointment of Hassan Abdalla as Acting Governor of the Central Bank of Egypt (CBE) for an additional one-year …
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HighlightsWomen on Top
Al Tadamun Microfinance Foundation and Banque Misr Forge EGP 200 Million Credit Line to Elevate Women-Led Microenterprises
Al Tadamun Microfinance Foundation has entered into a strengthened strategic partnership with Banque Misr, expanding its existing credit facility to EGP 200 million. The agreement targets the empowerment of women entrepreneurs and reinforces Egypt’s …
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HighlightsNews
CBE Signs Strategic MoU with “Hayah Karima” Foundation to Promote Sustainable Social Development and Economic Empowerment
Egypt’s Central Bank of Egypt (CBE) has signed a Memorandum of Understanding (MoU) with the “Hayah Karima” Foundation, a prominent entity spearheading social development across Egypt’s most vulnerable communities. The …
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