Banks Egypt’s BoP records surplus of $228.8 mln in Q1 of FY 2023/2024 Nada Ali Jan 8, 2024 0 Egypt's Balance of Payments (BoP) has unfolded an overall surplus of $228.8 million in the first quarter of…
Banks CBE: 4.7 mln MSMEs receive EGP 78 bln finance till June 2023 Nada Ali Dec 26, 2023 0 The Central Bank of Egypt (CBE) said that 4.7 million micro, small and medium enterprises (MSMEs) have received a…
Egypt News Egypt’s private sector secures $10.3 bln in four years – report Nada Ali Dec 19, 2023 0 Egypt's private sector has secured $10.3 billion of official development assistance from 2020 to 2023, according to…
Banks Egypt’s net foreign reserves rise to $35.173 bln in November – CBE Nada Ali Dec 7, 2023 0 Egypt’s net foreign reserves increased by $72 million in November to reach $35.173 billion, up from $35.102 billion…
Banks CBE’s gold holdings increase by 6% in October Nada Ali Nov 23, 2023 0 The Central Bank of Egypt (CBE) gold holdings rose by six percent to 249.64 billion Egyptian pounds in October from…
Money Egypt in talks to allow barter trade with Russia, Turkey, African countries Aya Anwar Nov 12, 2023 0 Egypt is considering implementing trade exchange operations with Russia, Turkey, and some African countries through…
Feature Egypt’s Housing and Development Bank injects EGP 2.5bln green finance to major firms Nada Ali Oct 25, 2023 0 Egypt’s Housing Development Bank (HDB) supported the green projects through providing 2.5 billion Egyptian Pounds…
Money Egypt’s reserve money M0 surges to EGP 1.581 trillion at Sept-end: c.bank mohamed Hamdy Oct 16, 2023 0 Egypt’s reserve money (M0) rose to 1.581 trillion Egyptian pounds ($51.144 billion) at the end of the third quarter…
Tech/AI Egypt to double number of tourists to 30 million by 2028 – minister Sama Mousa Sep 27, 2023 0 Egypt is seeking to double the number of visitors to 30 million by the year 2028, Minister of Tourism, Ahmed Issa,…
Money CBE governor Hassan Abdalla invites Chinese banks to tap Egypt market Sama Mousa Sep 27, 2023 0 Central Bank of Egypt (CBE) Governor Hassan Abdalla has invited Chinese banks to enter the Egyptian market to help…