November 21: The Monetary Policy Committee of the Central Bank of Egypt holds its periodic meeting to review interest rates

• by
• October 31, 2024

Bay Sky, a local digital payment company, begins a partnership with Saudi investors to expand into the Saudi market in the first quarter of 2025 through the Yalla app.

• by
• October 31, 2024

CI Capital Holding for Financial Investments appoints Ahmed Issa as the Non-Executive Chairman of the Company’s Board of Directors, representing Banque Misr.

• by
• October 31, 2024

Keo Salari, a Saudi Arabian startup, is nearing the approval of its license from the Central Bank of Egypt to offer salary transfer services, including the option for employees to receive salaries in advance.

• by
• October 31, 2024

Google will begin paying content creators in pounds starting next year.

• by
• October 31, 2024

NBE plans to open its first branch in Riyadh before the end of December.

• by
• October 31, 2024

An alliance, including Arkabita Group and Turkish DJs, acquires 65% of Mashreq Bank’s payment company, Newby, in Egypt.

• by
• October 31, 2024

Post for Investments Company and AXA Egypt sign an agreement to launch the first microinsurance company in Egypt, in accordance with the new insurance law.

• by
• October 31, 2024

The IMF reduces additional fees for countries borrowing more than their allocated quotas by 36%, effective from November 1st.

• by
• October 31, 2024

Two banks, Misr and NBE, reduce interest rates on high-yield dollar savings certificates by 0.5%.

• by
• October 31, 2024