The quarterfinal stage of the CIB Egyptian Squash Open 2025 came to a close today on the glass court in front of the Giza Pyramids, in an atmosphere charged with excitement and intensity.
The first day of the quarterfinals of the CIB Egyptian Squash Open 2025, held on the glass court in front of the iconic Pyramids of Giza, came to a close today. The matches saw Egyptian players continue their dominance with strong performances in a highly charged atmosphere.
Emirates NBD Egypt and Talaat Mostafa Group TMG have collaborated to launch a range of Mastercard credit cards. This initiative aims to offer a banking experience tailored to the needs of customers living within and beyond the integrated urban communities developed by TMG.
The European Bank for Reconstruction and Development EBRD, in cooperation with the European Union EU and the Green Climate Fund GCF, has announced the signing of its first financing package with Suez Canal Bank SCB, worth 50 million.
Within the framework of the periodical follow-up on the implementation of the Financial Inclusion Strategy 2022-2025, the Central Bank of Egypt CBE released the core set of financial inclusion indicators. These indicators showed a substantial increase in the number of citizens owning and using active accounts that enable them to perform financial transactions whether bank accounts, Egypt Post accounts, mobile wallets, or prepaid cards reaching 53.8 million citizens in June 2025 out of a total of 70.5 million citizens 15 years and above, representing 76.3%, compared to 74.8 % in December 2024.
Global Finance magazine has released its annual Central Banker Report Cards 2025, which evaluates the performance of over 100 central bank governors worldwide. The assessment is based on key criteria including inflation control, currency stability, support for economic growth, and independence in decision-making.
As part of its ongoing commitment to expand public communication, the Central Bank of Egypt CBE has launched its official social media pages to provide timely updates.
The FY 2024/2025 witnessed record flows of USD 36.5 billion remittances of Egyptians working abroad, up by 66.2% compared to around USD 21.9 billion during FY 2023/2024.
Bank NXT, a leading provider of integrated retail and corporate banking solutions in Egypt, has announced the launch of its new Private segment. This new product provides an exclusive package of services for high-net-worth clients with a minimum balance of EGP 20 million or the equivalent in foreign currencies.
QNB has achieved another major milestone by becoming the first bank in the GCC to enable Digital Wallet acceptance through a single, unified integration on the Mastercard Gateway Hosted Checkout platform.
The UK-based research firm Capital Economics confirmed that Egypts economy is showing clear signs of recovery this year, driven by the appreciation of the Egyptian pound, a rebound in tourism activity, and a notable improvement in the current account balance.
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