US institution offers to acquire The United Bank: Amer
The Central Bank of Egypt Governor, Tarek Amer, revealed that there is an offer from US institution to acquire The…
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Banque Misr to launch 10 Design Houses as part of Nilepreneurs initiative
Egypt's second-largest state-run bank, Banque Misr, seeks to implement 10 Design Houses for entrepreneurs in the…
Egypt’s CBE governor: funds to be increased to $57bn
Central Bank of Egypt (CBE) plans for the banks operating in the country to increase funds to 1 trillion Egyptian…
CBE launches Nilepreneurs to support entrepreneurs, SMEs
The Central Bank of Egypt launches a national initiative to support entrepreneurs and small and medium enterprises…
Egypt’s mortgage finance firms inject $51.5mn among CBE initiative
A number Egyptian mortgage finance firms pumped 911 million Egyptian pounds ($51.5 million) in favour of low-income…
Remittances from Egyptian expats rose 5.7% in 11 months:CBE
Remittances from Egyptian expatriates increased 5.7 percent during the first 11 months of 2018, reaching $23.3…
New banking law reached Cabinet: CBE
The Central Bank of Egypt has finished the final draft of the new banking law, Lobna Helal, Deputy Governor said.
Egypt to issue EGP3-7bln int’l bonds in Q1 2019
Minister of Finance Mohamed Maait said that the Egyptian government seeks to issue between $3 billion and $7…
Banks inject EGP115 bln as part of CBE’s SMEs initiative
The banks operating in Egypt have pumped an amount of 115 billion Egyptian pounds as part of the Central Bank of…
Banque Du Caire attracts 50,000 clients to microfinance portfolio
Egypt's third biggest public lender, Banque Du Caire, has attracted 50,000 new clients to Micro finance portfolio…