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Money
Egypt’s core inflation surges to 6% in December – c.bank
Egypt’s year-on-year core inflation surged to 6 percent in December from 5.8 percent in November, the central bank…
National Bank of Egypt: pretax profit at EGP48.263 billion in 15 months
The National Bank of Egypt (NBE), the country’s biggest state lender, said on Sunday its pretax profit rose to…
Egypt’s external debt dips in Q1-FY2021/22
Egypt’s external debt dipped at the end of the first quarter (1Q) of the current financial year 2021/2022 to $137.4…
Egypt’s net foreign reserves at $40.934 billion in December
Egypt’s net foreign reserves rose to $40.934 billion at the end of December from $40.909 billion at the end of…
Egypt’s Contact Financial Holding launches digital comprehensive car insurance product
Egypt’s Contact Financial Holding, formerly Sarwa Capital, has launched on Monday its digital comprehensive car…
National Bank of Egypt raises its stake in CIB bank to 9.13%
Egypt’s biggest state lender, the National Bank of Egypt (NBE) raised its stake in the country’s largest public…
Egypt’s c.bank announces interest rate meeting schedule for 2022, starting Feb 3
Egypt’s central bank announced on Sunday the schedule of its meetings that determine the course of key interest…
Saudi Fund for Development signs deals to finance Egypt MSMEs
The Saudi Fund for Development (SFD) has signed on Friday three agreements worth 300 million Egyptian pounds ($19.1…
Deposits at Egypt banks hike 16.9% in 9 months: c.bank
Banks in Egypt reported a 16.9 percent surge in the size of deposits to 6.077 trillion Egyptian pounds ($386.8…
BRICS development bank admits Egypt as new member
The New Development Bank (NDB) set up by the BRICS group of nations said on Wednesday it had admitted Egypt as a…