Raya Holding for Financial Investments said its internal audit department received the certificate of conformance with the international standards for the professional practice of internal auditing, issued by the Institute of Internal Auditors Egypt.

National Organization for Social Insurance (NOSI) announced an increase in both the minimum and maximum insurable wage limits, effective January 1st, 2026, as per a statement.

EFG Finance SMEs has partnered with Klickit to increase access to financing for small and medium-sized enterprises operating within Egypt’s education sector, as per an emailed press release.

valU, a financial technology company in the MENA region, announced a partnership with El Kasrawy Group, one of Egypt’s major automotive groups and the exclusive agent for Jetour, JAC, and Citroën vehicles, to offer a range of car financing options through valU Shift, its car financing product.

Kuwait Finance House – Egypt (KFH Egypt) has signed a strategic partnership agreement with Visa, the global leader in digital payment technologies, as part of its efforts to accelerate digital transformation and enhance retail banking services, as per an emailed press release.

Contact Financial Holding entered into a strategic partnership with e& money in a first-of-its-kind move for Egypt’s financial landscape, according to an emailed press release.

The Central Bank of Egypt (CBE) has announced the establishment of the Banking Reform and Development Fund and the formation of its board of directors for a four-year term.

Minister of Finance Ahmed Kouchouk and Minister of Investment and Foreign Trade Hassan El-Khatib held an open dialogue with exporters during a conference organized by the Engineering Industries Export Council to discuss the future of industry and engineering exports in light of Egypt’s fiscal policies.

The International Monetary Fund (IMF) commended Egypt’s recent economic developments, noting the resilience of the private sector and improvements in exchange rate performance and inflation management.

GRANITE Financial Holding, a digitally enabled asset management company, has received approval from the Financial Regulatory Authority (FRA) to launch its multi-currency fixed-income fund.

The European Bank for Reconstruction and Development (EBRD) will provide $634 million in green financing to 13 countries across the EBRD regions, including Egypt and Jordan, according to a press release.

The Financial Regulatory Authority (FRA) granted approvals for eight companies to establish new real estate investment funds and licenses to operate in investment funds and non-banking financial activities.

The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has signed a new EGP 30 million financing contract with Flend.

Visa has appointed Tareq Muhmood as regional President for Central and Eastern Europe, the Middle East, and Africa (CEMEA), effective immediately.

Minister of Finance Ahmed Kouchouk confirmed that Egypt's new budget will not include any tax increases, emphasizing instead a strategy to broaden the tax base as a mutually beneficial move for the state and taxpayers.

The Central Bank of Egypt (CBE) has issued new rules for licensing and registering payment system operators and payment service providers, in line with law No. 194 of 2020 regulating the banking sector.

Swypex, a financial management platform based in Egypt, has launched the country’s first Approval-Based Limits Card, a product designed to help businesses manage expenses more efficiently.

eTax, the technology arm of the Egyptian Tax Authority (ETA), has launched a new electronic system to standardize the calculation of wage and salary tax, developed in full cooperation with the ETA.

The InstaPay app is set to apply transfer fees as of April 1st, the Instant Payment Network (IPN) announced.

Reefy Microfinance Enterprise Services has granted financing amounting to EGP 4 billion in 2024, bringing the total financing to EGP 20 billion