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Cairo-based Banknbox sets up HQ in Egypt
Banknbox, a financial technology (fintech) firm based in the Egyptian capital of Cairo, announced the opening of its $10 million regional headquarters in Egypt to provide an integrated platform of banking solutions, electronic payments, smart transportation tech, and digital government payment solutions, among others. Banknbox CEO and Managing Director Basem Mahmoud said the company chose […]
Egypt’s Central Bank Raises Cash Withdrawal Limit and Extends Bank Hours Amid Telecom Disruptions
The Central Bank of Egypt (CBE) has temporarily raised the daily cash withdrawal limit for individuals and businesses at bank branches from EGP 250,000 to EGP 500,000. This exceptional measure is intended to cushion the impact of ongoing telecommunications disruptions that have affected regular banking operations across the country. The CBE stated that the adjustment […]
King Mohammed VI Honors Pierre Bergé, Chairman of Jardin Majorelle Foundation
King Mohammed VI received on Thursday in Marrakesh Pierre Bergé, chairman of Jardin Majorelle Foundation, and decorated him with the prestigious “Grand Cordon of Alaouite Wissam”. M. Bergé received the royal distinction in recognition for his outstanding contribution to the promotion of Moroccan heritage through his cultural projects in Morocco such as the museum of […]



