In line with Egypts commitment to fostering cooperation with African counterparts across all sectors, the Central Bank of Egypt CBE welcomed a high-level delegation the Central Bank of Kenya CBK.
Temenos SIX: TEMN, a global leader in banking technology, today announced that MIDBANK has successfully gone live with Temenos, completing a full replacement of its legacy systems with Temenos core banking suite. This strategic transformation is part of MIDBANKs broader initiative to modernize its operations and deliver next-generation banking services to customers across Egypt
The Bank of Canada maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.
Contactnow and PayTabs Egypt Team Up to Make Digital Payments more Accessible Through BNPL SolutionsContact
As the only Egyptian bank fully operating in Kenya, CIB Kenya sponsored and participated in the 2025, Egypt National Day celebrations on the 23rd July 2025 at the Arab Republic of Egypt Embassy Residence in Nairobi.
The financial results achieved by QNB Egypt, a subsidiary of QNB Group, the largest financial institution in the Middle East and Africa, during the first six months ending 30 June 2025, demonstrate the Groups strong financial position and the success of its strategy, supporting the sustainable growth its business in the region.
In a new achievement that highlights its banking leadership in the region, QNB, the largest financial institution in the Middle East and Africa, was awarded the Strongest Arab Bank for 2025 by the Union of Arab Banks UAB.
The European Central Bank ECB announced at the conclusion of its July 2025 meeting that it would keep its key interest rates unchanged at 2.15%. The move was widely expected by markets and analysts, as the bank continues to assess the economic outlook and inflation dynamics across the eurozone.
The Egyptian pound continued its upward trajectory against the U.S. dollar on Tuesday, registering further gains in several local banks. The dollar fell by approximately 20 piasters in daily trading, reflecting a continued improvement in Egypts currency performance.
As part of its ongoing efforts to promote financial inclusion and offer smart, flexible financing solutions, souhoola one of Egypts leading consumer finance companies has announced the launch of its latest auto financing program, START, which is now considered one of the most powerful financing offerings in the market in terms of value, speed, and ease of process.
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