Remittances from Egyptian expatriates increased by 40.5 percent in 2025, reaching a record high of 41.5 billion U.S. dollars, ...

CAIRO, Oct 5 (Reuters) - The new governor of Egypt's central bank, Hassan Abdalla, has alerted Egyptian banks it may soon allow them to begin trading in non-deliverable forwards (NDFs) and derivatives ...

Remittance inflows from Egyptians working abroad rose 40.5% year on year in 2025, reaching $41.5 billion, up from about $29.6 billion in 2024, marking ...

CAIROCAIRO — The central banks of the United Arab Emirates and Egypt agreed Thursday to a currency exchange deal, which could bolster the struggling Egyptian economy. A joint news release said the ...

The Monetary Policy Committee of the Central Bank of Egypt cut key interest rates by 100 basis points on February 12, citing easing inflation pressures.The overnight deposit rate was lowered to 19.0% ...

CAIRO (AP) — The Central Bank of Egypt raised interest rates Thursday as the country continues to battle double-digit inflation amid a sharp currency devaluation. In a statement, the bank's monetary ...

June 13 (Reuters) - Egypt's Ministry of Finance has invited banks to pitch for an advisory position on the sale of its 20% stake in Bank of Alexandria, a subsidiary of Italy's Intesa Sanpaolo, two ...

CAIRO, 21st February, 2026 (WAM) -- Egyptian President Abdel Fattah El-Sisi met with Governor of the Central Bank of Egypt Hassan Abdalla.Spokesman for the Presidency Mohamed El-Shennawy stated that ...

Bank trading desks made hundreds of millions of dollars in revenue following dramatic moves in Egypt’s bond and currency markets earlier this year. Citigroup made more than US$100m in fixed income and ...

Egyptian banks strive for sustainability Across the Middle East and North Africa, Egypt and its banks boast august credentials when it comes to climate and sustainability. But frameworks and ...

The same dynamics are also paving the way for substantial improvements in the banking sector, which is now more willing to adopt state-of-the-art solutions and be better prepared for crisis management ...