Egyptian BNPL platform Valu receives initial regulatory approval for Jordan launch

Cairo-based fintech Valu has received initial regulatory approval from Jordan’s central bank to launch its Buy Now, Pay Later (BNPL) service in the country, marking the company’s first expansion beyond its home market and a signal of its broader...

Egypt, China Sign Three Financial Cooperation Deals during Central Bank Governors’ Meeting

Fri 11 Jul 2025 | 06:10 AM The Governor of the Central Bank of Egypt (CBE) Hassan Abdullah welcomed his Chinese counterpart Pan Gongsheng to Cairo this week, where the two central banks agreed to strengthen bilateral cooperation across a range of...

Egypt's central bank keeps key interest rates unchanged

CAIRO: Egypt's central bank kept key interest rates unchanged on Thursday, pausing a trend of rate reductions despite inflation rates easing. The bank’s monetary policy committee held the overnight deposit rate at 24% and the lending rate at 25%,...

Egypt Holds Interest Rates Steady, Adopts ‘Wait-And-See’ Approach To Assess Impact Of Recent Reforms

Egypt's PM: BRICS Trend Toward Conducting Financial Settlements in Local Currencies

Fri 11 Jul 2025 | 06:39 AM Egypt’s Prime Minister Mostafa Madbouly confirmed on Wednesday that there is a growing consensus within the BRICS bloc to shift financial settlements among member countries toward local currencies, reducing dependency on...

JPMorgan mulls cutting India, China share in Emerging Market Bond Index

JPMorgan’s index is the main benchmark for developing-nation debt funds, and changes to its composition can affect global investment flows. JPMorgan Chase & Co. is considering cutting the weight of the largest bond issuers in its flagship...

Binance enters Islamic Finance with new crypto product

Dubai: Binance, the world’s largest cryptocurrency exchange by trading volume, has announced the launch of Sharia Earn, a new blockchain-based earn product designed to comply with the principles of Islamic finance. The move marks Binance’s first...

China, Egypt vow to deepen strategic ties, promote mutual benefit

CAIRO, July 11 (Xinhua) -- Chinese Premier Li Qiang wrapped up a two-day official visit to Egypt on Thursday, reaffirming stronger bilateral ties and pledging deeper cooperation between the two countries. During his visit, the Chinese premier...

‘Critical to any community’: Cairo to see major infrastructure upgrades in coming years

CAIRO, Ga. (WCTV) - By October 2027, Cairo residents can look forward to major upgrades in their city’s infrastructure. Cairo City Manager Booker T. Gainor IV said he is grateful and excited to improve the quality of life for his constituents....

Neighborhood kids in Cairo receive free summer lunches thanks to community giveback

CAIRO, GA. (WTXL) — In the heart of Cairo, neighborhood children are lining up for much-needed meals. With school out for the summer and fewer school-based food programs available, a local grassroots group is stepping in to fill the gap. The T and...

Arewa Economic Forum: BDCs’ Recapitalisation Requirements Pose Threats to Northern Entrepreneurs

•Urges CBN to extend implementation timeline •Alleges sector now dominated by single southern ethnic group •Declares development may worsen insecurity, cut jobs, others James Emejo in Abuja Arewa Economic Forum (AEF), yesterday, alleged that the...

Firefighters rush to reignited blaze at Cairo's major telecoms centre

A fire reflared on Thursday evening at the Ramses Central telecoms building in downtown Cairo, just four days after a blaze there claimed the lives of four workers and injured dozens. Civil defence teams were sent immediately to the scene after...

Renewed Fire at Ramses Central in Cairo Quickly Contained, Officials Say

Fri 11 Jul 2025 | 03:47 AM A limited fire broke out Friday at the Ramses Central exchange building in downtown Cairo, reigniting concerns just days after a major blaze paralyzed one of Egypt’s primary telecommunications hubs. Authorities confirmed...

Chinese premier returns to Beijing after official visit to Egypt

BEIJING, July 11 (Xinhua) -- Chinese Premier Li Qiang returned to Beijing on Friday aboard a chartered plane after concluding an official visit to Egypt. Li was seen off from the airport by the Egyptian Minister of Investment and Foreign Trade...

10 days after Minkah Fitzpatrick trade, Insider reveals Steelers strategy on adding more roster options

The Pittsburgh Steelers were one of the most active teams during the offseason. Many key players were traded, including Minkah Fitzpatrick and George Pickens, while Aaron Rodgers, Jalen Ramsey and Jonnu Smith joined the franchise. This offseason...

Minister Says Many Companies Interested in Sea Route Hajj Proposal

TEMPO.CO, Jakarta - Minister of Religious Affairs Nasaruddin Umar said that several companies have approached his office to propose the idea of conducting Hajj pilgrimages via sea routes. However, he noted that these companies do not own their own...

Why Rich Europeans Ate Up All The Egyptian Mummies

While Egyptian kings and queens are the most famous examples of mummification, the practice wasn’t just for pharaohs. It expanded over time until everyone from the poor up were being preserved for eternity. So, where are all the mummies? Well,...

Sports good product: Al Baraka Bank (Pakistan) holds webinar in Silakot

SIALKOT: Al Baraka Bank (Pakistan) Limited held first of its kind webinar in Sialkot, bringing together over 70 sports goods and sportswear exporters from Sialkot and importers from 12 countries across the globe through online video link. This was...

Egypt Signs $100 Million Sustainability-Linked Deal with EBRD, Banque Misr

Thu 10 Jul 2025 | 10:27 PM Egypt’s Ministry of Planning, Economic Development and International Cooperation announced a landmark agreement between the European Bank for Reconstruction and Development (EBRD) and Banque Misr, marking Egypt’s...

Egypt Reaffirms Support for Libyan Sovereignty and Political Consensus

Thu 10 Jul 2025 | 04:48 PM Egypt reiterated its steadfast support for Libya’s sovereignty, unity, and political stability, emphasizing the need for a Libyan-led political solution free from external interference. Ambassador Tarek Dahroug,...