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FACTBOX: Banque Misr new USD savings certificates
On July 26, Banque Misr has issued two dollar-dominated three-year certificates of deposits, at very special rates…
FACTBOX: National Bank of Egypt new USD savings certificates
On July 26, Egypt’s largest state lender, the National Bank of Egypt (NBE) has issued two dollar-dominated…
Egypt’s gold reserves hit $7.9 billion in May – c.bank
Egypt’s gold reserves, a major component of foreign cash reserves, rose to $7.949 billion at the end of May from…
Egypt’s net foreign reserves rise to $34.660 bln in May – c.bank
Egypt’s net foreign reserves increased to $34.660 billion at the end of May from $34.551 billion at the end of…
Egyptian firms on AfDB’s funding priority – minister
Egyptian firms were prioritized for funding from the African Development Bank (AfDB), with Egypt's ability to…
South Africa’s Godongwana named Minister of Finance of the Year at AfDB Annual Meetings…
South Africa’s Finance Minister Enoch Godongwana has been named the Minister of Finance of the Year at the African…
Afreximbank awarded Bank of the Year at AfDB’s Annual Meetings 2023
The African Export–Import Bank (Afreximbank) has been named the 2023 Bank of the Year by the African Development…
AfDB’s Annual Meetings 2023 to host African Pharmaceutical Technology Foundation event
The African Development Bank (AfDB) is hosting on Monday a high-level event on the African Pharmaceutical…
Egypt’s CIB: consolidated pretax profit rises to EGP 8.9 billion in Q1
Commercial International Bank (CIB), one of Egypt’s largest private banks, has registered profit before tax of…
Egypt’s CIB: standalone pretax profit surges to EGP 9.01 billion in 3 months
Commercial International Bank (CIB), one of Egypt’s largest private banks, has registered profit before tax of…