Egypt
Egypt: Durable, flexible, dirt-resistant Why Egypt’s new plastic money ‘environment-friendly’
How does the new polymer-made currency contributes to Egypt Vision 2030? Although one can go cashless in Cairo, and use their credit cards ...
Egypt
Egypt: Remittances from Egyptian expats hike 7.7% in 4 months, records $3.1B in April
Remittances from Egyptian expatriates increased 7.7 percent during the first four months of 2022, recording $ 11.1 billion, compared to $10.3 billion during ...
Egypt
Egypt: Egypt issues LE10 plastic note, continues to work with its paper counterpart
The Central Bank of Egypt (CBE) issued Tuesday plastic LE 10 notes. The new banknote was produced using the latest banknote production lines ...
Egypt
Egypt: Orange Egypt launches a new startup platform in collaboration with entrepreneur Mohamed Nagati and Victory Link
Orange Egypt has announced the launch of its integrated digital platform that supports and guides promising, innovative and creative ideas with the aim ...
Egypt
Egypt: Amazon Egypt Introduces BNPL Offerings Through valU FinTech Platform
Amazon Egypt is now offering buy now, pay later (BNPL) plans to qualified buyers through valU, the companies announced Sunday (July 3). FinTech ...
Egypt
Egypt: World Bank approves $500M in development financing for Egypt to support food security efforts
The World Bank’s Board of Executive Directors approved Tuesday a US$500 million loan to bolster Egypt’s efforts to ensure that poor and vulnerable ...
Egypt
Egypt: LE40B disbursed to 1.6M MSMEs in Egypt since 2014
Minister of Trade and Industry Nevine Gamea stated Sunday that since 2014 a total of LE40 billion have been disbursed to 1.6 million ...
Egypt
Egypt: Egypt’s central bank keeps interest rates on hold during June
The Monetary Policy Committee (MPC) decided, Thursday to keep the Central Bank of Egypt’s (CBE) overnight deposit rate, overnight lending rate, and the ...
Egypt
Egypt: Qatar sign MoU on financial policy coordination
Egyptian Minister of Finance Mohamed Maait and his Qatari counterpart Ali bin Ahmed Al Kuwari have signed a memorandum of understanding (MoU) on ...
Egypt
Egypt: Total deposits of 5 largest banks in Egypt hit LE4.8T by end of March 2022
The five largest banks in Egypt accounted for 69.2 percent of the total deposits of the banking sector by the end of March ...
