Egyptian banks will begin offering free bank accounts without any minimum balance requirements. This initiative is part of the government’s efforts to encourage savings and provide accessible banking services to …
Financial Inclusion
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The Central Bank of Egypt (CBE) recently announced its active involvement in the “New Beginning for Human Development” initiative, aimed at promoting sustainable development and enhancing the quality of life …
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Economy
Al-Mashat Advances Economic Growth through Key Meetings on Investments and Digital Transformation
Egypt’s Minister of Planning, Rania A. Al-Mashat, and Chairperson of the National Investment Bank (NIB), recently convened with the leadership teams of NI Capital and NI Consultations, both subsidiaries of …
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News
Visa Underscores Its Unwavering Commitment to Driving Financial Inclusion and Innovation at Gitex Africa 2024
Visa, a global leader in digital payments, is thrilled to announce its participation at GITEX Africa 2024, set to take place from May 29 to 31 in Marrakech, Morocco. This …
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Lifestyle
MNT-Halan Takes Double Win at Global Finance Awards: Most Innovative Fintech in Middle East and Africa
MNT-Halan, Egypt’s first unicorn, and the country’s leading and fastest-growing fintech ecosystem has won Global Finance’s award for Most Innovative Financial Technology Company in the Middle East. It was, further, …
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Al Tadamun Microfinance Foundation, a champion for women’s economic empowerment, is bucking the trend by achieving significant growth in 2023. The foundation, aligned with Egypt’s national development goals, injects crucial …
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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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Kredit, a subsidiary of GB Capital, has been established in Egypt to provide financial support to small and medium-sized enterprises (SMEs) with an initial capital of EGP 35 million, which …
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EconomyHighlightsWomen’s Achievements
Banque Misr, NCW Sign Cooperation Protocol to Enhance Financial Inclusion for Egyptian Women
On Monday, November 27, the Chairman of the Board of Directors of Banque Misr, Mr. Mohamed El-Etreby, and the President of the National Council for Women, Dr. Maya Morsy, signed …
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Egypt has made significant progress in enhancing financial inclusion thanks to the cooperation between CBE and various local and international partners. Sherif Lokman, Sub Governor of the Central Bank of …
