The decision applies to specific branches based on their geographical distribution and at the discretion of each bank, according to the CBE ...

Egyptian authorities on Tuesday raced to contain the fallout from a fatal fire at a key Cairo telecommunications hub, ...

Zenith Bank is in advanced talks to acquire a tier-two bank in Kenya. The Central Bank of Kenya has raised capital requirements, triggering market consolidation. Zenith raised $228 million in early ...

Establishing Morocco as its 17th country of presenceCairo, Egypt — The Pan-African Payment and Settlement System (PAPSS) is pleased to announce the entry of the Kingdom of Morocco into its growing ...

The net foreign assets of the banking sector (the central bank and commercial banks) rose by about $1.2 billion to $14.7 billion in May 2025, compared to $13.6 billion in the previous month.This ...

The central bank lowered rates by 100 basis points on May 22 and by 225 basis points on April 17, its first adjustments since ...

Egypt's annual headline inflation rate is forecast to have decelerated slightly in June to 16.2% as some food and beverage ...

Contact Creditech, the digital consumer finance arm of Contact Financial Holding, has entered into a strategic partnership ...