credit cards

Egyptian banks suspend usage of recently issued credit cards abroad for 6 months
Egypt

Egyptian banks suspend usage of recently issued credit cards abroad for 6 months

Several banks in Egypt have decided to stop the use of newly issued credit cards abroad for up to six…
CBE offers new instructions of credit cards outside Egypt
Business

CBE offers new instructions of credit cards outside Egypt

The Central Bank of Egypt issued new instructions to facilitate the use of credit cards abroad, with the aim of overcoming any…
CBE offers new instructions to facilitate use of credit cards outside Egypt
Business

CBE offers new instructions to facilitate use of credit cards outside Egypt

The Central Bank of Egypt issued new instructions to facilitate the use of credit cards abroad, with the aim of…
Banking expert explains CBE’s new decision on usage of credit cards abroad
Business

Banking expert explains CBE’s new decision on usage of credit cards abroad

Banking expert Mohamed Abdel-al explained that the Central Bank of Egypt’s decision to activate the maximum credit limit granted to…
Credit Card digital booking system to be installed in metro stations
Egypt

Credit Card digital booking system to be installed in metro stations

An official at the Egyptian Ministry of Transportation announced that Transport Minister Kamel al-Wazir has approved a new booking system…
Times are a-changin’ in London where contactless is king
Business

Times are a-changin’ in London where contactless is king

  For centuries, London has sustained a street-level economy where performers and vendors make a living from the spare change…
Egypt banks to lift limits on use of credit cards abroad
Business

Egypt banks to lift limits on use of credit cards abroad

Two days after Egyptian pound devaluation, banks working in Egypt started to review restrictions on the use of credit and…
As FX shortage bites, Egypt’s CIB limits use of bank cards abroad
Egypt

As FX shortage bites, Egypt’s CIB limits use of bank cards abroad

Egypt's largest listed bank, Commercial International Bank (CIB), told customers on Wednesday it was reducing the amount of foreign currency…
No change to debit card usage rules abroad: CBE governor
Business

No change to debit card usage rules abroad: CBE governor

Tarek Amer, governor of the Central Bank of Egypt (CBE), said on Thursday that there was no change to the…
Egypt bans use of debit cards abroad amid hard-currency shortage
Business

Egypt bans use of debit cards abroad amid hard-currency shortage

Egypt has ordered banks to prevent customers from using debit cards based on their Egyptian pound accounts when they go…
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