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.
Contact Financial Holding CNFN.CA, Egypts leading non-bank financial services provider, announced today its consolidated financial results for 1H-2025. The Group achieved a consolidated total operating income of EGP 1.1 bn, marking a 24% y-o-y increase
In light of Egypts commitment to strengthening collaboration with fellow Arab states, the Central Bank of Egypt CBE hosted recently a high-level delegation the Central Bank of Iraq CBI, headed by the Deputy Governor. The visit aimed to exchange expertise across various areas related to central banking operations.
Visa, a global leader in digital payments, announced that applications are open for the fifth cohort Cohort 5 of its Visa Africa Fintech Accelerator, a 12-week intensive program designed to help startups fast-track their growth and impact
UBS UBSG.S, opens new tab on Monday said it will pay 300 million to settle outstanding obligations related to the misselling of mortgage-linked investments by Credit Suisse in the United States.
Emirates NBD Egypt, one of the largest banks operating in the Egyptian banking sector, announced a significant growth in its financial results ending June 2025, the banks net profit increased by 20 % achieving EGP 3 bn, compared to EGP 2.5 bn2.5 bn during the counter period in 2024.
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