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Central Bank of Egypt’s

Egypt’s Economic Outlook Remains Resilient Amid Global Headwinds, Says Standard Chartered

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Amidst global shifts particularly in the United States, China and the Euro-area, Egypt’s economic outlook remains robust, characterised by sustained macroeconomic stability, according to Standard Chartered’s (“the Bank”) latest report, Global Focus – Economic Outlook H2-2025 Strong foreign exchange inflows from portfolio investments and official sectors are bolstering confidence in the Egyptian pound (EGP). Significant […]

Central Bank of Egypt Issues New Decrees for Extending the Exemption of Individuals from Transfer Fees via Instant Payment Network and InstaPay Application for a Renewable Period of 3 Months

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In alignment with Egypt’s Vision 2030 to promote digital transformation, the Central Bank of Egypt’s (CBE) Board of Directors issued a set of decrees that include extending the exemption of all fees and commissions applicable to bank transfer services, conducted through electronic channels (internet banking and mobile banking applications) in Egyptian pound. Furthermore, the exemption […]