Business
InstaPay gets smarter: Cardless ATM and mobile payments coming soon
June 7, 2024
InstaPay gets smarter: Cardless ATM and mobile payments coming soon
Enhancements are underway for Egypt’s instant payment network, “InstaPay,” to introduce a range of convenient new services, according to a…
CBE’s foreign exchange reserves rises to record level by end of May
June 5, 2024
CBE’s foreign exchange reserves rises to record level by end of May
The Central Bank of Egypt (CBE) revealed an increase in the balances of gold listed in the foreign exchange reserve…
GAFI CEO says diversity of economy, investment systems protect Egypt against future risks
June 5, 2024
GAFI CEO says diversity of economy, investment systems protect Egypt against future risks
CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba said Monday that the diversity of Egyptian…
Is Egypt preparing to impose new taxes?
June 4, 2024
Is Egypt preparing to impose new taxes?
Egyptian Finance Minister Mohamed Maait said that the “2024/2030 tax policy document” is still under study and the government has…
InstaPay introduces new feature for easier money transfer
June 3, 2024
InstaPay introduces new feature for easier money transfer
The InstaPay application on Sunday has launched a new update for several of its services, allowing for instant money transfers…
Banks across Egypt offering CDs up to 30% per month
June 2, 2024
Banks across Egypt offering CDs up to 30% per month
Several banks operating in Egypt have recently launched Certificate of Deposits with lucrative monthly and annual returns. Here are the…
Egyptian Stock Exchange registers record gains in May 2024, main index jumps 10.12 percent
June 1, 2024
Egyptian Stock Exchange registers record gains in May 2024, main index jumps 10.12 percent
The Egyptian Stock Exchange achieved record gains in May 2024, supported by strong purchases of stocks in many sectors against…
National Bank of Egypt launches instant international remittance transfer service
May 30, 2024
National Bank of Egypt launches instant international remittance transfer service
The National Bank of Egypt (NBE) announced on Thursday the launch of a new service for the instant reception of…
CBE Governor Leads Egypt’s Delegation To Annual Meetings of AfDB
May 30, 2024
CBE Governor Leads Egypt’s Delegation To Annual Meetings of AfDB
Governor of the Central Bank of Egypt (CBE) and Egypt’s Governor to the African Development Bank (AfDB) Group Hassan Abdullah…
Egypt to lift fuel subsidies within 4 years: Official
May 29, 2024
Egypt to lift fuel subsidies within 4 years: Official
Egyptian Cabinet spokesperson Mohamed al-Hommosany announced that the government has devised a plan to gradually lift electricity subsidies within four…