The Central Bank of Egypt (CBE) has recently made a significant announcement regarding establishing green banks. These banks specialize in providing low-cost financing for clean and renewable energy projects and …
Central Bank of Egypt
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The Central Bank of Egypt (CBE) has released its latest financial statement, revealing its plans to establish a new company focusing on financial digital identification. The CBE has committed to …
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EconomyHighlights
Central Bank of Egypt Refutes All Unsupported Media Reports on United Bank Sale Transaction
In light of the media reports circulating the sale of the United Bank, the Central Bank of Egypt (CBE) strongly rejects the allegations about the start of the due diligence …
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President Abdel Fattah El-Sisi extended Hassan Abdullah’s term as acting governor of the Central Bank of Egypt (CBE) for another year. This was announced in a presidential decree published in …
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President of the National Council for Women, Dr. Maya Morsy, affirmed that the “Tahwesha” initiative is the fruit of cooperation from 2017 between the National Council for Women and the …
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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 …
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EconomyHighlightsLifestyle
CBE, London Banking Institute Ink Agreement for Talent Development in Egypt
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 …
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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 …
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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 …
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Highlights
Deputy Governor: CBE Targets Transforming Egypt into Regional Hub for Financial Inclusion
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 …