Egypt’s net foreign reserves rise to $38.425 bln at end-September – c.bank
Egypt’s net foreign reserves reached $38.425 billion at the end of September, up slightly from $38.36 billion in…
Author
Key global currencies rates in Egyptian banks on October 7
Amwal Al Ghad on Tuesday demonstrates the exchange rates of key global currencies; U.S. dollar, euro, pound…
Key global currencies rates in Egyptian banks on October 1
Amwal Al Ghad on Thursday demonstrates the exchange rates of key global currencies; U.S. dollar, euro, pound…
Key global currencies rates in Egyptian banks on September 9
Amwal Al Ghad on Wednesday demonstrates the exchange rates of key global currencies; U.S. dollar, euro, pound…
CIB posts EGP4.99 bln profits in 6 months, dropping 6.6 %
The Commercial International Bank’s (CIB) consolidated profits dropped 6.6 percent during the first half of 2020,…
Egypt’s Housing Bank posts a slight increase in profits during Q1
Housing and Development Bank (HDB) reported a slight increase year-on-year (YoY) in its net during the first…
Suez Canal Bank’s profit down 11% in Q1
The Suez Canal Bank posted an 11 percent year-on-year (YoY) decline in its net profits during the first quarter of…
Crédit Agricole Egypt net profit after tax falls 36.6% year-on-year in Q1
Crédit Agricole Egypt, part of France’s second-largest bank Crédit Agricole, reported on Wednesday a 36.6 percent…
Egypt launches initiative to offer loans of 5% to tourism businesses
Egypt is launching a new initiative to support tourism and hospitality sectors in face of the repercussions of the…
AfDB 2023