The Central Bank of Egypt (CBE) has announced preparations for the launch of the second phase of its project to digitize remittances from Egyptians working abroad, with the participation of …
Financial Inclusion
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Governor of the Central Bank of Egypt, Mr. Hassan Abdallah, met with Dr. Alfred Hannig, the CEO of the Alliance for Financial Inclusion (AFI), on Monday, April 7, 2025. The …
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EconomyHighlights
CBE Reports 295% Growth in Women’s Financial Inclusion, Partners with USAID and Pathfinder
The Central Bank of Egypt (CBE) has launched its annual Financial Inclusion for Women initiative, coinciding with International Women’s Day. The event, running from March 8th to the end of …
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EconomyHighlights
Egypt’s Banks Ease Account Opening Restrictions For 2 Weeks in Honor of Int’l Women’s Day
In celebration of International Women’s Day, Egyptian banks have begun lifting restrictions on opening new accounts, particularly for financial inclusion accounts, starting Sunday, March 9, 2025. This initiative, which aligns …
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EconomyHighlights
Egypt and Islamic Development Bank Reach $1.6 Billion Deal to Support Food Security, Commodities, and Private Sector Development
Egypt has taken a significant step to further strengthen its strategic partnership with the Islamic Development Bank (IsDB) by signing two major agreements worth a total of $1.6 billion aimed …
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As part of its commitment to advancing digital transformation in line with Egypt’s Vision 2030, the Central Bank of Egypt (CBE) has announced the extension of a fee exemption for …
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HighlightsWomen’s Achievements
Forbes Middle East Unveils Top Venture Capitalists for 2024, Highlighting Egypt’s Growing Role in Supporting Women Entrepreneurs
Forbes Middle East has revealed its first-ever list of the region’s Top Venture Capitalists for 2024, recognizing the firms driving innovation and growth across the Middle East’s rapidly expanding startup …
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EconomyHighlights
Fourth Edition of the Egypt Economic Summit To A Vision for Leadership and Global Competitiveness
The Fourth Edition of the Egypt Economic Summit will take place on January 14, 2025, under the patronage of Prime Minister Dr. Mostafa Madbouly. With the theme “Egypt’s Economic Vision: …
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HighlightsNews
Hayat Karima Initiative in Egypt Hits 85.5% Milestone in First Phase of Rural Development
Egypt’s ambitious Hayat Kaima “Decent Life” initiative, aimed at addressing rural poverty and bridging development gaps across the country, is now 85.5% complete in its first phase. According to a …
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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 …