Egyptian economy to grow to EGP 105,5 bln in 5 years, UAB Secretary General
The volume of the Egyptian economy will keep its growth over the next five months, thus by the end of 2025 it will…
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Forum on banking industry starts in Egypt’s Sharm El Sheikh
The Banking Industry and Future of Financial Services Forum started its activities on Friday Sharm El Sheikh, held…
4 Egyptian banks slash interest rates of Aman certificates by 3 %
Four Egyptian banks have decided to slash interest rates on Aman certificates from 16 percent to 13 percent .
Egypt’s domestic liquidity rises to all-time high in September, CBE
Egypt’s domestic liquidity continued to increase, registering a new record of $4.757 trillion in September, up by…
Al Ahly Capital Holding buys 94.5% stake in Egyptian leading maternity hospital in Zayed
Al Ahly Capital Holding, the private equity arm of Egypt’s state-owned National Bank of Egypt, said on Thursday it…
Remittances from Egyptian expats record $27.8bln by FY2019/20 end
Remittances from Egyptian expatriates hiked 10.4 percent during the fiscal year of 2019/2020 to reach $27.8…
Egypt’s external debt surges 14.8% in year-June
Egypt’s external debt rose 14.8 percent to $123.5 billion in the year to end-June, central bank data showed on…
Egypt receives $324m foreign cash inflows in one day – Official
Egypt attracted foreign cash inflows worth $324 million on Sunday, according to a banking source.
Financial position of Egyptian banks increases to EGP 6.5 trn in July – CBE
The total financial position of banks operating in the Egyptian market, except for the Central Bank of Egypt (CBE),…
Egypt’s MSMEs portfolio hit EGP 201.7bn in over 4 years: CBE
The Central Bank of Egypt (CBE) announced that loans and credit facilities provided to micro-, small-, and…