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Central Bank of the UAE and Central Bank of Egypt join forces 

News | Payments General | 02 Oct 2023

The Central Bank of the UAE (CBUAE) and the Central Bank of Egypt (CBE) have entered into a Bilateral Currency Swap Agreement between the UAE Dirham and the Egyptian Pound. 

partnership, banking, financial services, financial institutions

Central Bank of Egypt regulates payment tokenisation

News | Online & Mobile Banking | 17 Mar 2023

The Central Bank of Egypt (CBE) has released regulations on payment tokenisation; once approved this will allow contactless payments through mobile apps.

central bank, tokenization, contactless payments, payment methods

Egypt's central bank approves rules governing payment card service codes

News | Payments General | 13 Mar 2023

The Central bank of Egypt (CBE) has approved the rules for payment card service codes, allowing contactless transactions via mobile apps within the framework of the NPC.

central bank, AML, CFT, contactless payments, regulation

Egypt is looking to join Russia's Mir card payments system

News | Online Payments | 08 Sep 2022

The Central Bank of Egypt has entered negotiations to join Russia’s Mir card payments system in a bid to improve Russian tourism in Egypt as well as trade ties between the two countries.

online payments, cross-border payments, payment processing, payment processor, central bank