Egypts articles
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Egypt to Launch First Ever Digital Bank
Misr Digital Innovation (MDI), a subsidiary of banking giant Banque Misr, has secured preliminary approval from the Central Bank of Egypt (CBE) to launch Egypt’s first digital bank: onebank. This step aims to further promote financial inclusion in Egypt, as onebank will operate entirely online, offering convenient and secure banking solutions to a wider segment of the population. Unlike traditional banks that require branch visits, this completely online bank allows you to set up an account...
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Biden discusses Gaza with leaders of Egypt, Qatar
United States President Joe Biden spoke on the phone with Qatar Emir Tamim bin Hamad Al Thani and Egyptian President Abdel Fattah Al-Sisi about the situation in Gaza and the state of the ceasefire neg
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Daylight Savings in Egypt Starts on 26 April
Egypt is gearing up for the start of daylight savings time on Friday 26 April, aligning with the provisions outlined in Law No. 24 of 2023. According to Law No. 24 of 2023, daylight savings time in Egypt will commence on the last Friday of April and conclude at the end of the last Thursday of October each year. During this period, the local time in the country will be advanced by sixty minutes, bringing about a temporary adjustment to the clocks. The clock will be advanced by sixty minutes,...