Egypt’s Banking Sector Shines With 27% Growth in Deposits Despite Inflation and Devaluation
Egypt’s banking industry recorded a 26.9% increase in total deposits in the 2023-2024 fiscal year compared ...
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Egypt’s Inflation Slows to 23.2% in January, But Food Prices Keep Rising
Food security is still a significant problem, with Egypt buying 80% of its wheat from Russia ...
EU Approves €7.4 Billion in Aid for Egypt With Migration in Mind
The European Union has agreed to a €7.4 Billion aid package for cash-strapped Egypt amid concerns ...
Egypt To Inhale A Breather With The Currency Swap Agreement With The UAE
Egypt is in a cash crunch due to various external factors that caught it off guard ...
Egypt Leads the Way in Regional Integration of Africa and the Middle East
Egypt is also working with the Middle East and North Africa (MENA) regions to guarantee regional ...
Egypt To Transform Into A Cashless Economy With Digital Banks
The Central Bank of Egypt (CBE) issued new rules this month for registering and delivering licences, ...
Islamic Development Bank gives go-ahead for $345mln Egypt e-train project
Islamic Development Bank has approved multiple projects worth $403 million In an effort to boost the ...
Contact- Egypt’s Leading Financial Services Company Harnesses the Power of Artificial Intelligence
Egypt's premier financial services firm, Contact Financial Holding, has developed an in-house Artificial Intelligence powered credit ...
Egypt to Build 21 Desalination Plants to Relieve Pressure off the Nile
The entire freshwater source for Egypt is the Nile river, and the colossal dependency on the ...
Emirates’ Masdar Signs Deal To Develop Suez Canal Green Hydrogen Project in Egypt, Leads Consortium
The Emirates consortium heralded by Masdar had signed two Memorandums of Understanding (MoU) in April with ...
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