Egypt: dollar rates dip slightly at Tuesday’s open
Minor fluctuations in USD exchange rates noted by Egypt’s Central Bank at the start of trading on Tuesday, March…
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Egypt’s banks
Egyptian pound flat in early trading
The Central Bank of Egypt (CBE) reported differences in USD exchange rates at the start of trading on Monday, March…
Egyptian pound hits 47.90 versus USD
Egypt’s banks displayed slight differences in USD exchange rates on March 17, 2024. The Central Bank of Egypt (CBE)…
Moody’s reveres outlook of 5 Egyptian banks’ to positive
Moody's Ratings affirmed ratings and assessments for five Egyptian banks and reversed their outlook from negative…
ABK-Egypt named Fastest Growing Bank in Egypt for 2023
Al-Ahli Bank of Kuwait – Egypt (ABK-Egypt) has been recognised as the Fastest Growing Bank in Egypt for 2023 award,…
Egypt to sell stake in Banque Misr in 2024
Egypt is eyeing selling a stake in Banque Misr to a strategic investor in 2024, the bank’s chairman Mohamed…
Egypt’s Saib bank earns EGP 603.1mln profits during H1 of 2023
Egypt's Saib bank achieved a net profit after tax of 374.934 million Egyptian pounds by the end of June 2023,…
Egypt’s NBE, Banque Misr collect EGP 304bn from 25% yield certificates
Egypt’s two biggest state banks, the National Bank of Egypt (NBE) and Banque Misr have collected about 304 billion…
SMEs portfolio at Egypt’s NBE hits EGP 140bn
The National Bank of Egypt (NBE) has raised 140 billion Egyptian pounds in the Small and Medium Enterprises (SME)…
Egypt’s Banque Misr achieves EGP 16.5bn pretax profit in 6 months
Egypt’s second largest public bank Banque Misr reported on Sunday its pretax profits to record 16.560 billion…
