News

China, Egypt sign MoU to boost financial ties, promote local currency settlement
China and Egypt signed a memorandum of understanding (MoU) on Thursday to enhance bilateral financial collaboration, ...
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Egypt: Vaiu secures Central Bank of Jordan’s initial approval to launch BNPL services
The company stated that Jordan offers a growing market for digital financial services, with consumers increasingly seeking ...
Egypt Halts Rate Cuts, With Caution Outranking Slower Inflation
Egypt left interest rates on hold, snapping two rounds of monetary easing, as caution about tensions in the region and the ...
Egypt, China Central Banks Sign Pacts To Boost Yuan Use, Payment Systems
The central banks of Egypt and China on Tuesday signed three memoranda of understanding aimed at promoting the use of the ...
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Egypt, China sign 3 MoUs to boost financial, payment system ties
The agreement aims to promote the use of the Chinese yuan among businesses operating in the Egypt-China Economic and Trade ...
Egypt's Core Inflation at 11.4% Y/y in June, Down From 13.1% in May
CAIRO (Reuters) -Egypt's core inflation was 11.4% on an annual basis in June, down from 13.1% in May, the central bank said ...