Tag: Central Bank of Egypt

WEEX Crypto Exchange Reports 30% of MENA Clients from Egypt
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WEEX Crypto Exchange Reports 30% of MENA Clients from Egypt

WEEX, a global crypto exchange, has revealed that 30 percent of its clients in the MENA region are based in Egypt. This significant customer base highlights Egypt’s leading position among countries using the platform, which also includes Algeria, Iraq, Morocco, and Saudi Arabia. Since its launch in the MENA region in January 2025, WEEX has...

Dr. Greiche Group Invests $9 Million in Automotive Glass Facility in Egypt
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Dr. Greiche Group Invests $9 Million in Automotive Glass Facility in Egypt

Dr. Greiche Group has announced a substantial investment of EGP 500 million (approximately $9 million) to establish a high-tech automotive glass facility in 10th of Ramadan City, Egypt. This investment aligns with the country’s national strategy to localize advanced industries and address the domestic production gap, according to a press release from the company. The...

Egypt Launches Instant International Remittance Service from UAE and Saudi Arabia
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Egypt Launches Instant International Remittance Service from UAE and Saudi Arabia

Egypt has officially introduced a new instant international money transfer service that allows citizens to receive remittances directly from the United Arab Emirates and Saudi Arabia. This service operates through a government-aligned digital wallet platform, enhancing the ease and security of receiving funds from abroad. The initiative enables users to access transferred money immediately without...