Central Bank of Egypt Cuts Overnight Deposit Rate to 19% and Reduces Reserve Requirement
Egypt's central bank cut its overnight deposit rate by 100bp to 19% and reduced the required reserve ratio from 18% to 16% in coordinated easing measures.
CBE Imposes EGP 2.1 Billion Deposit Penalty on Crédit Agricole Egypt for MSME Lending Shortfall
The Central Bank of Egypt imposed an EGP 2.1bn penalty, lodged as a non-interest-bearing deposit, on Crédit Agricole Egypt for failing to meet the mandatory 25% MSME lending requirement until May 2025.
Qatar Central Bank Holds All Key Rates Unchanged at January 2026 Meeting
The QCB kept its deposit rate at 3.85%, lending rate at 4.35%, and repo at 4.10%, mirroring the US Federal Reserve's decision to hold rates steady.
Competition Commission of India Approves Emirates NBD's Proposed Stake Acquisition in RBL Bank
India's Competition Commission has cleared Emirates NBD's proposed $3 billion investment in RBL Bank, though government approval for FDI above 49% remains pending.
Lebanon's Bank Audi Elects Sherine R. Audi as Chair After Samir Hanna's Six-Decade Exit
Sherine R. Audi was elected Chair of Bank Audi on 13 January 2026 as Samir Hanna ended a career of more than six decades at the Lebanese lender.
Egypt's Central Bank Fines HSBC Egypt About EGP 1.6 Billion
The Central Bank of Egypt has imposed a fine of about EGP 1.6 billion (roughly $34 million) on HSBC Egypt, which says it is implementing agreed corrective actions.
Emirates NBD Issues USD 1 Billion Dual-Tranche Blue-Green Bond, the Largest by a Financial Institution Globally
Emirates NBD has priced a USD 1 billion dual-tranche blue-green bond — the largest blue bond in the UAE and GCC and the largest dual-tranche blue-green bond issued by a financial institution globally.
Papaya Global Explores Sale at Up to $4.5 Billion Valuation After 2024 Revenues Exceed $100 Million
Israeli payroll fintech Papaya Global entered late-stage sale discussions valuing it at $3.5–4.5 billion, with reported interest from SAP, Oracle, and private equity.
Bank of Israel Cuts Policy Rate by 25bp to 4.00% in Surprise Decision
The Bank of Israel's Monetary Committee voted to reduce the policy rate from 4.25% to 4.00%, the second consecutive cut, as inflation fell to 2.4% annually.
Egypt Mobilises EUR 688 Million Through Global Green Bond Initiative to Back Climate Strategy 2050
Egypt's Ministry of Environment says it mobilised EUR 688 million from the EIB- and UNDP-backed Global Green Bond Initiative programme to support its National Climate Change Strategy 2050.
Central Bank of Egypt cuts key rates by 100 basis points in December 2025
The CBE cut its overnight deposit and lending rates by 100 bp to 20.00% and 21.00% on 25 December 2025, after holding in November.
Egypt's President Al-Sisi Reconstitutes CBE Board for One Year, With Hassan Abdallah as Chairman
Presidential Decree No. 733 of 2025 has reconstituted the CBE Board of Directors for one year, with Acting Governor Hassan Abdallah as Chairman.