News

The Central Bank of Egypt (CBE) has announced a temporary increase in the daily cash withdrawal limit for individuals and ...
Egyptian authorities on Tuesday raced to contain the fallout from a fatal fire at a key Cairo telecommunications hub, ...
Zenith Bank is in advanced talks to acquire a tier-two bank in Kenya. The Central Bank of Kenya has raised capital requirements, triggering market consolidation. Zenith raised $228 million in early ...
SweetCrude Reports on MSN1d
Bank Al-Maghrib signs up to PAPSS
Establishing Morocco as its 17th country of presenceCairo, Egypt — The Pan-African Payment and Settlement System (PAPSS) is pleased to announce the entry of the Kingdom of Morocco into its growing ...
The net foreign assets of the banking sector (the central bank and commercial banks) rose by about $1.2 billion to $14.7 billion in May 2025, compared to $13.6 billion in the previous month.This ...
The central bank lowered rates by 100 basis points on May 22 and by 225 basis points on April 17, its first adjustments since ...
Egypt's annual headline inflation rate is forecast to have decelerated slightly in June to 16.2% as some food and beverage ...
Contact Creditech, the digital consumer finance arm of Contact Financial Holding, has entered into a strategic partnership ...
The world’s leading central bankers gather today for a panel discussion in Sintra, Portugal. ECB President Christine Lagarde ...
The head of the European Central Bank said inflation has become more unpredictable due to shocks like the COVID-19 pandemic ...
Arab Finance: The exchange rate of the US dollar to Egyptian pound declined during Monday’s mid-session, hitting EGP 50.63 for buying and EGP 50.67 for selling at the National Bank of Egypt (NBE) at 1 ...