Arab Bank Launches Electronic Payment Service via POS Devices

Arab Bank has launched an electronic payment service through point of sale (POS) devices in collaboration with Geidea, a leading company in financial technology and payment solutions., Invest-Gate reports.

Savills Egypt: Recent CBE Decisions Set to Reshape the Local Real Estate Market

Savills Egypt, the local office of the leading global real estate advisor, has unveiled its initial insights into the potential impacts of recent decisions by the Central Bank of Egypt (CBE) on the country's real ...

CBE Hikes Interest Rates by 200 Bps

Egypt works on intensifying its reform agenda and maintaining sustainable growth.

ECB Expertise House Transport Ministry for East Tafria Port Said Railway Project

The ECB Expertise House announces collaboration with the Ministry of Transport, represented by the General Authority for Planning Transport Projects, to provide services of preparation of solutions and designs for ...

El Gazzar: Bait Al-Watan’s Phase VIII Sees Great Reservation Demand

Assem El Gazzar, Minister of Housing, Utilities and Urban Communities announces that there is a great reservation demand for the eighth phase of Bait Al-Watan project for Egyptians abroad, Invest-Gate reports.

CBE Issues New Amendments to its Real Estate Financing Initiative

CBE amends some of the conditions of the real estate finance initiative for middle-income issued in December 2019,

City Edge Developments Partners with CIB

City Edge Developments (CED) signs a cooperation protocol with the Commercial International Bank Egypt (CIB) worth EGP1bn, as part of the real estate finance initiative launched by the Central Bank of Egypt, Inves ...

Banque Misr Partners with CED

Banque Misr has signed a cooperation protocol with City Edge Developments (CED), as part of the real estate mortgage initiative launched by the Central Bank of Egypt, Invest-Gate reports.

Egypt’s Annual Inflation Headline Declines : Statement

Egypt’s annual inflation headline declines to its lowest since October reaching 5.4 % in December, down from 5.7% in November, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Januar ...

Egyptian Expats’ Remittances Rise 19.6% From July to September: CBE

The Central Bank of Egypt (CBE) has uncovered that remittances sent home by Egyptian expats inched up by 19.6% YoY, or USD 1.3 bn (EGP 20.4 bn), during the first quarter of FY 2020/21.

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