New loan to National Bank of Egypt supports MSMEs Financing will focus on women-led, youth-led and rural businesses Project builds on longstanding partnership with EBRD The European Bank for ...

As Egypt ramps up measures to contain the coronavirus, CIB chairman Hisham Ezz Al-Arab tells Euromoney how the 2011 revolution has left the bank well prepared to deal with the current crisis. “This is ...

The European Bank for Reconstruction and Development (EBRD) has extended a US$100 million loan to the National Bank of Egypt ...

The same dynamics are also paving the way for substantial improvements in the banking sector, which is now more willing to adopt state-of-the-art solutions and be better prepared for crisis management ...

Under Islamic Law and by religious decree, cryptocurrencies in Egypt are prohibited. The Central Bank of Egypt (CBE) warns against cryptocurrency activities. In 2019, in what seemed to be a change in ...

The Central Bank of Egypt (CBE) and the Ministry of Foreign Affairs, Immigration, and Egyptian Expatriates Affairs launched the “Open Your Account in Egypt” initiative in cooperation with the National ...

Under the leadership of Hassan Abdalla, the Central Bank of Egypt (CBE) has undertaken ambitious reforms aimed at integrating marginalised groups into the formal economy. The CBE’s financial inclusion ...

Hassan Abdalla'smain challenge will be to contain soaring inflation and balance foreign exchange rates. Late August, banker Hassan Abdalla stepped in to replace Tarek Amer as acting governor of the ...

Egypt - Banque Misr has signed a cooperation protocol with the Ministry of Foreign Affairs, Emigration, and Egyptians Expatriate, alongside National Bank of Egypt, as part of the “Open Your Account in ...

After a bailout pulls Egypt back from the brink, new foreign investment and robust local banks sector suggest a return to growth. Last fall, as conflict erupted in Gaza, Egypt’s economy, already ...

March 30 (Reuters) - The Central Bank of Egypt (CBE) raised its overnight interest rates by 200 basis points (bps) on Thursday following a meeting of its Monetary Policy Committee (MPC), saying it ...