Guides & Analytics
FEB: 75% of Egypt Banks Effective in ‘Informal Areas’ Initiative
75% of total banks in Egypt decided to have their active role in upgrading informal areas and slums across the country. This comes since the Federation of…
Faisal Islamic Bank Opens New Subsidiary in Shoubra Misr this Month
Faisal Islamic Bank of Egypt is targeting to inaugurate new subsidiary in Shoubra Misr within the current month, becoming 31 branches. The bank has recently…
Egypt’s Interior, ICT Ministries Ink Protocol to Develop Traffic Services
The Egyptian Information and Communication Technology (ICT)and the Interior Ministries have inked joint cooperation protocol, in the framework of the efforts which…
C.Bank Offers its 1st FX Auction US$40mln of this Week
The Central Bank of Egypt (CBE) has offered today its first foreign exchange auction for this week totaled US$ 40 million for local banks. The central bank is…
Egypt’s Handicraft Exports Hit $452 million in Q1
Egypt’s exports of handicrafts recorded around $452 million during the first quarter of the current year, up from $445 million a year earlier. According to official…
PM Mehleb Holds This Week Emergency Meeting with Egypt Bourse Chief
Egypt’s interim Prime Minister Ibrahim Mehleb holds this week an emergency meeting with the country’s bourse chief Mohamed Omran, according to senior Cabinet…
Egypt’s ICT Minister Unveils 5 Tech-Villages Will Launch Soon
Egyptian Information and Communication Technology (ICT) Minister Atef Helmy announced that it is started to establish 5 technological villages within a few coming…
NBE’s Personal Loans up EGP25 bln, EGP335 bln Deposits at March-End
The total customers’ deposit portfolio of the National Bank of Egypt (NBE) reached up EGP335 billion at the end of the third quarter of the current year 2013/2014,…