2+ hour, 3+ min ago  (375+ words) Egypt's FRA greenlights Granite's dollar-denominated fixed-income fund'Dailynewsegypt Granite Financial Holding has received approval from Egypt's Financial Regulatory Authority (FRA) to launch a new USD-denominated fixed-income fund, marking a significant milestone in its expansion within the CashTech sector. The fund, established…...

1+ week, 5+ day ago  (290+ words) Ahmed Kouchouk, Egypt's Minister of Finance, announced that the coming phase will witness a diversified and expanded partnership with the Information and Decision Support Center (IDSC), aimed at reinforcing economic and fiscal policymaking, streamlining procedures, enhancing public services, and strengthening…...

3+ week, 3+ hour ago  (557+ words) CBE catalyses banking sector's shift toward sustainable finance: Governor Abdalla'Dailynewsegypt Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), affirmed that climate change has evolved from an environmental concern into a core financial issue, underscoring the central bank's leading…...

1+ mon, 1+ week ago  (389+ words) Prime Minister Mostafa Madbouly said on Monday that Egypt is finalising a legislative framework to protect children from harmful social media content, which will include a mandate for digital platforms to maintain local legal representatives to be held accountable for…...

1+ mon, 1+ week ago  (474+ words) The Central Bank of Egypt (CBE) has signed a memorandum of understanding to launch the country's first specialised diploma in artificial intelligence (AI) for the banking sector, Governor Hassan Abdalla announced on Tuesday. The initiative, launched under the "Digital Academy…...

1+ mon, 3+ week ago  (503+ words) Granite Financial Holding, a digitally enabled asset management company, has received a fintech licence from the Financial Regulatory Authority (FRA), paving the way for the immediate launch of its proprietary mobile application, the Granite Money Market Account (Granite MMA). The…...

1+ mon, 3+ week ago  (314+ words) Contact, a leading provider of non-banking financial services in Egypt, has signed a memorandum of understanding with Al Safy Group to establish a strategic partnership aimed at enhancing the financing experience through innovative, technology-driven financial solutions. The partnership introduces, for…...

1+ mon, 4+ week ago  (335+ words) Mohamed El-Gossaki, CEO of the General Authority for Investment and Free Zones (GAFI), and Mohamed Awad, Head of the Internal Trade Development Authority (ITDA), held a meeting to discuss mechanisms for joint coordination and to identify practical, long-term solutions to…...

2+ mon, 4+ day ago  (414+ words) The Financial Regulatory Authority (FRA) has launched the first integrated digital payment network for the non-banking financial sector as a central platform for the secure and unified digital settlement of financial dues. The network, established through a strategic partnership with…...

2+ mon, 1+ week ago  (456+ words) As part of ongoing efforts to enhance professional competencies within the banking sector and strengthen resilience against emerging risks, the Central Bank of Egypt (CBE), in cooperation with the Egyptian Banking Institute (EBI), announced the launch of a new training…...