Central Bank of Egypt

The Central Bank of Egypt (CBE) just announced that it replaced about 6 million pension cards with the national payment card, Meeza. Up until September 2022, 25 banks distributed 30 …

According to a press release published yesterday, the Central Bank of Egypt and The London Institute of Banking & Finance (LIBF) have just signed a Memorandum of Understanding (MoU) to …

On the occasion of International Youth Day, all major banks in the Egyptian banking sector will be opening accounts for free and without a minimum limit, starting today, Tuesday, and …

The Central Bank of Egypt (CBE) announced today that the total number of mobile phone wallets increased by nearly 20% to stand at 34 M by the end of June …

During Seamless North Africa 2023, yesterday, the Deputy Governor of the Central Bank of Egypt (CBE), Rami Aboulnaga, affirmed that the bank’s strategy aims to transform Egypt into a regional …

InstaPay, Egypt’s first and leading Payment Service Provider (PSP), plans to start charging transaction fees in early 2024. The software, which will be available in May 2022, will allow users …

Earlier today, the Central Bank of Egypt announced a four-day holiday in celebration of the new Hijri Year and the July 23 Revolution anniversary, where all banking services will stop …

The African Export-Import Bank (Afreximbank) started negotiations with the Central Bank of Egypt and commercial Egyptian lenders to add them to its Pan-African Payment and Settlement System(PAPSS) in 2H 2023, …

Yesterday, the Central Bank of Egypt finally introduced the new 20-pound currency made of polymer, produced using the latest banknote production lines in the New Administrative Capital, emphasizing that it …

Earlier today, Egyptian central bank governor Hassan Abdalla received African Development Bank (AfDB) president Akinwumi Adesina to inspect the final preparations for the AfDB’s Annual Meetings taking place in Sharm …