بنكي | BANKY

Egyptian Pound Strengthens Amid Improved Dollar Liquidity and Progress on State Asset Sales

The Egyptian pound continued to strengthen against the U.S. dollar at the start of this weeks trading, supported by an improved supply of foreign currency and a notable easing of geopolitical tensions in the region. This positive momentum has reinforced stability in Egypts foreign exchange market and boosted investor confidence.

CIB Egypt Wins “Best Bank in Egypt for 2025” Award from Euromoney

In a new milestone that reflects its leadership in the banking sector, Commercial International Bank CIB Egypt has been named the Best Bank in Egypt for 2025 by Euromoney as part of its prestigious Global Awards for Excellenceone of the most respected accolades in the international financial industry.

Suez Canal Bank Partners with CRIF Egypt to Promote Sustainability through Synesgy Platform

QNB Türkiye celebrates creative achievement with Kristal Elma Awards

QNB Türkiye is proud to announce that its recent rebranding campaign, Herkes QNBye Geçiyor Everyone is Switching to QNB, has been honored with a Silver Award at the Kristal Elma competition, Türkiyes leading creative advertising awards.

Central Bank of Egypt to Decide on Interest Rates Tomorrow Amid Growing Expectations of a Hold

The Monetary Policy Committee MPC of the Central Bank of Egypt CBE is scheduled to hold its fourth meeting of 2025 on Thursday, July 10, to decide the fate of the countrys interest rates on deposits and lending.

Emirates NBD Egypt Releases Its First Carbon Footprint Report

Emirates NBD Egypt announced the release of its first Carbon Footprint Report, marking its initial comprehensive assessment of greenhouse gas GHG emissions resulting its operations. This report affirms the banks firm commitment to applying the highest standards of accuracy and transparency in measuring and disclosing emissions, and represents a pivotal step in the banks efforts towards transitioning to a green economy by minimizing its environmental footprint and embedding sustainability at the core of its operations.

Central Bank of Egypt Hosts a Training Program on Micro and Macro Stress Testing for COMESA Central Banks

QNB recognized among Top 1000 Banks worldwide by The Banker

QNB Group, the largest financial institution in the Middle East and Africa, has demonstrated its financial strength and leadership by securing a place among the worlds top banks in The Banker magazines Top 1000 Global Bank Rankings 2025.

FTC seeks more information about SoftBank's Ampere deal, Bloomberg News reports

The U.S. Federal Trade Commission is seeking more details about SoftBank Group Corps 9984.T, opens new tab planned 6.5 billion purchase of semiconductor designer Ampere Computing, Bloomberg News reported on Tuesday.

Africa launches first Pan-African card scheme – PAPSSCARD

Africa has marked a significant step towards financial independence following the launch of PAPSSCARD, the continents first Pan-African card scheme. Unveiled on June 27 at the 32nd Afreximbank Annual Meetings in Abuja, Nigeria, the new card represents a major leap in Africas efforts to achieve financial sovereignty by building resilient and independent payment systems, easing people travel and boosting trade integration.

Mastercard, Visa's merchant fees breach competition law, UK tribunal rules

Global payments processors Visa V.N, opens new tab and Mastercards MA.N, opens new tab default multilateral interchange fees which are charged to retailers infringe competition law, a London tribunal ruled on Friday in the latest round of the long-running legal saga.

Gold Prices in Egypt Drop as Investors Shift Focus

Gold lost 4% of its value over the past week in the Egyptian market, reflecting a noticeable decline in demand and a shift in investor preferences. This local was further reinforced by a 2.8% decline in global gold prices during the same period.