Limited access to formal financial services has historically constrained inclusive growth and private sector development in Egypt. But a concerted drive from the government and the banking sector have ...

They are enhancing cooperation in local currency settlement. The People’s Bank of China (PBOC) and the Central Bank of Egypt ...

The deals were announced during the visit by a senior Chinese delegation led by the country’s premier to Cairo this week.

Arab's return as CEO of CIB Egypt marks the next step of a transformational leadership journey that has consistently ...

Egypt left interest rates on hold, snapping two rounds of monetary easing, as caution about tensions in the region and the ...

Egypt's central bank kept key interest rates unchanged on Thursday, pausing a trend of rate reductions despite inflation ...

Egypt’s inflation rate fell in June, ending three months of rises, as officials contend with an interest-rate decision on ...

The central bank lowered rates by 100 basis points on May 22 and by 225 basis points on April 17, its first adjustments since ...

The Central Bank of Egypt (CBE) announced the launch of tokenisation of payment cards on mobile applications, in line with its efforts to promote the adoption of e-payments in the country.

Egypt’s central bank has issued treasury bills worth 50 billion Egyptian pounds ($1.06 billion) as the country seeks to manage liquidity and support government financing amid rising inflation ...

Egypt’s central bank plans to sell shares in state-owned The United Bank in an initial public offering on the stock exchange by the end of the first quarter of 2025.

Economists say Egypt central bank lending risks undermining the economy by expanding the money supply and fuelling inflation.