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CBE to issue regulatory framework for specialized banks by July?
Specialized banks could have a regulatory framework by July under proposed amendments to the newly passed Banking Act which would…
2020 was a good year for Egypt’s fintech scene
Fintech flourished in Egypt in 2020 despite covid-19’s negative impact on funding, writes Citibank’s Vice President of Europe, the Middle…
Last night’s talk shows discuss upcoming House elections, and Libyan security meeting in Hurghada
*** Fans of Lamees El Hadidi rejoice: She’ll be back on air soon with ON TV’s “The LastWord” airing Tuesdays-Saturdays…
Banking Act signed into law
LEGISLATION WATCH- The Banking and Central Bank Act is now the law of the land after President Abdel Fattah El…
What we’re tracking on 3 May 2020
Welcome to the month of May, ladies and gentlemen. Pandemic or not, we’re sprinting toward summer and … staycations? It’s…
Major international bank seeks entry into Egypt
Major international bank seeks entry into Egypt: An unnamed “major” international bank has approached the Central Bank of Egypt (CBE)…
Banking Act receives committee-level approval at Egypt’s parliament
Most banks are ready for the Banking Act’s new capital requirements: Around 70% of banks operating in Egypt currently meet…
House committee asks Amer to clarify aspects of Banking Act
LEGISLATION WATCH- House committee asks Amer to clarify aspects of Banking Act: The House of Representatives’ Economic Committee has approved…
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