The Swiss National Bank SNB announced on Thursday a 0.25 percentage point cut to its key interest rate, bringing it down to zero. This marks the sixth consecutive rate reduction as the central bank continues its efforts to support the economy amid weakening inflationary pressures.
Forbes Middle East has unveiled its list of the Top 50 Most Powerful Publicly Listed Companies in Egypt for 20
Bank NXT, a leading provider of integrated retail and corporate banking solutions in Egypt has announced the signing of a cooperation protocol with UiPath, a global leader in intelligent automation solutions, in a strategic step toward digital transformation. The partnership, executed in collaboration with BMB Egypt, a global solutions provider, innovator and advisor working with top rated technology partners to empower businesses and organizations, through the finest quality of custom-made IT solutions, aims to implement UiPaths platform to accelerate automation, enhance operational efficiency, and elevate the quality of banking services.
Commercial International Bank CIB Egypts largest private sector bank has been named the Best Treasury and Cash Management Bank in Egypt for 2025 by Global Finance magazine, as part of its annual awards recognizing excellence in treasury, liquidity, and cash management services around the world.
As part of the ongoing efforts to support companies operating in the field of FinTech and Innovation, accelerate digital transformation, and promote financial inclusion, aligning with international best practices, the Central Bank of Egypt CBE has approved the request key limited partners of the Nclude FinTech Fund to appoint Development Partners International DPI as the new fund manager.
the CBEs Board of Directors has approved a six-month extension of the grace period, concluding on November 20th, 2025.
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