The Central Bank of Egypt (CBE) has announced an increase in the maximum transaction limits for financial inclusion accounts, which apply to withdrawals, outgoing transfers, debit operations, and ...

The minister emphasized the strong strategic relationship between Egypt and Nigeria, highlighting opportunities for ...

The primary driver of this shift was a sharp expansion in the current account deficit, which rose to $5.9 billion, compared to $2.8 billion in the first quarter of the prior year. The CBE’s efforts to ...

The dip in canal revenues was offset by an almost doubling of remittances to $8.3 billion from $4.5 billion in the July-to-September 2023 quarter, the central bank said. Egypt's net foreign direct ...

Despite expanding financial inclusion, Pakistan’s microfinance sector faces a deepening crisis, with rising losses, ...

Today, President Abdel Fattah El-Sisi met with Prime Minister Dr. Mostafa Madbouly, Governor of the Central Bank of Egypt Mr. Hassan Abdallah, Minister of Finance Mr. Ahmed Kouchouk, and Minister of ...

The Central Bank of Egypt (CBE) announced on Thursday the launching of the Cairo Overnight Index Average benchmark (CONIA), which was developed by the Egyptian Money Market Contact Group.

This marks Egypt's sixth issuance of USD-denominated T-bills in 2024, following a sale of $1.57 billion in November. Earlier this year, the central bank sold $850 million in T-bills in January ...

The People's Bank of China, the central bank, highlighted cryptocurrency regulation in its latest annual financial stability report, noting that Hong Kong is “actively exploring” crypto licensing.