credit cards

CBE eases restrictions on traveler’s credit card usage

Thu, 26 Oct 2023 - 12:10 GMT

On Thursday, the central bank shared that it decided to ease restrictions as part of its broader efforts to support the Egyptian economy and its citizens, and crack down on the misuse of credit cards

CBE directs banks to impose new controls on cash withdrawals from credit cards abroad

Tue, 17 Oct 2023 - 05:44 GMT

In an official statement, the central bank’s directive was sent after it became aware of users withdrawing cash abroad despite not traveling

Egyptian banks approve withdrawal fees, commissions on credit cards

Wed, 08 Mar 2023 - 06:24 GMT

Egypt Today reviews withdrawal fees and balance inquiries from ATM machines in Egyptian banks if the customer uses a credit card belonging to another bank.

Metro Company to launch global tender to start digital payment of tickets

Sat, 28 Dec 2019 - 02:28 GMT

Minister of Transport has instructed adopting a new booking method at metro stations in a bid to reduce the crowd at ticket booths and apply digital transformation in the sector.

Bitcoin bounces back from three-month low in volatile trade

Wed, 07 Feb 2018 - 07:31 GMT

Bitcoin rallied from three-month lows below $6,000 in choppy trading on Tuesday.

US household debt surpasses 2008 levels: NY Fed

Wed, 17 May 2017 - 06:15 GMT

Household debt has surpassed a peak set during the 2008 financial crisis, marking a long, gradual recovering in borrowing by American consumers.

Banque Misr cancels limits on credit cards usage abroad

Tue, 09 May 2017 - 11:20 GMT

Egypt's second-largest state bank, Banque Misr, has canceled limits on Egyptians' use of credit cards abroad the bank’s CEO.

CIB cancels limits on credit cards usage abroad

Sun, 23 Apr 2017 - 06:26 GMT

Egypt’s largest private bank Commercial International Bank (CIB) has canceled limits