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Egypt: Govt Steps Down, Uncertainties Grow
The Egyptian interim government led by Mr.Hazem El-Beblawi has announced Monday its resignation amid growing criticism over its poor performance and failure to deal with social and economic woes. It is the 6th government since the fall of Hosni Mubarak regime. Prime Minister El-Beblawy was appointed following the removal of elected Islamist president Mohamed Morsi […]
Egypt’s Central Bank, Vietnam’s SBV ink MoU to boost cooperation
The Central Bank of Egypt (CBE) has signed a memorandum of understanding (MoU) with the State Bank of Vietnam (SBV) to bolster joint cooperation, the office of Egyptian Prime Minister Mustafa Madbouly said in a statement, on Thursday July 27. Madbouly and his Vietnamese counterpart Tran Lu Quang witnessed the deal signed in the Egyptian […]
Morocco’s central bank pushes mobile payments to reduce cash prevalence
Morocco’s central bank detailed in a recent report its efforts to reduce reliance on cash- which has been dominating the economy- and promoting mobile payments to boost financial inclusion. In its 2024 annual report on financial market infrastructure and payment systems, Bank Al-Maghrib outlined regulatory and operational measures aimed to address entrenched habits relying on […]


