The amounts overseas Egyptians sent back to their home country rocketed by nearly half to their highest ever level in the first eight months of the year, according to the central bank. Remittances by ...

"QNB secures licence for digital-first bank in Egypt " was originally created and published by Retail Banker International, a GlobalData owned brand. The information on this site ...

Poor Egyptians scrap genuine gold for imitation jewellery, but those who have money acquire a large volume of it to protect ...

CAIRO (Reuters) - Egypt's central bank is expected to lower overnight interest rates by a median of 175 basis points on Thursday, extending a reduction begun in April as inflation remains relatively ...

Egypt and the IMF held a week of tough discussions in Washington, with Cairo reporting that the two sides are in agreement ...

Both sides reaffirmed their commitment to strengthening economic and financial relations to advance the shared interests of ...

Cairo – The Central Bank of Egypt (CBE) offered treasury bills (T-bills) at a combined value of EGP 75 billion through two tranches on Monday, 13 October. The first issue reached EGP 30 billion, ...

The Central Bank of Egypt (CBE) and China’s National Financial Regulatory Administration (NFRA) signed a Memorandum of ...

CAIRO (Reuters) -Egypt's current account deficit more than doubled to $5.9 billion in July-September 2024, compared with $2.8 billion in the year-ago quarter, as Suez Canal revenues remain depressed, ...

Governor Hassan Abdalla, speaks to Global Finance about attracting more investors and about the bank’s next steps.

CAIRO (Reuters) - Egypt's central bank, worried that banks are investing too much of their cash in local money market and fixed income funds, is imposing stricter limits on such investments, a move ...

CAIRO -- CAIRO (AP) — Egypt increased fuel prices by around 12% on Friday, a step likely to drive up the costs of goods and ...