Year: 2022

CBE throws light on Egypt’s high inflation in November 2022

November’s high inflation was mainly caused by 27 October currency devaluation, continued…

Hossam Mounir Hossam Mounir

Army’s Chief of Staff inspects reclamation projects in Toshka

Askar listened to a detailed explanation that included the latest status of…

Sami Hegazi Sami Hegazi

IMF loan gives Egypt new boost: Cabinet

In a Saturday statement, the cabinet added that the loan reflects confidence…

Daily News Egypt Daily News Egypt

Egypt provides EGP 42.5bn in export subsidy to 2,500 companies since October 2019: Finance Ministry

The export subsidies help companies continue production and fulfil their obligations, which…

Daily News Egypt Daily News Egypt

IMF loan to secure hard currency needed for importing production requirements: Manufacturers

Egypt’s IMF-supported programme presents a comprehensive policy package to preserve macroeconomic stability,…

Shaimaa Al-Aees Shaimaa Al-Aees

Al-Sisi expresses pride in strong Egypt-Jordan relations

President Al-Sisi expressed his pride in the strong relations between Egypt and…

Sami Hegazi Sami Hegazi

CBE reveals top indicators of financial safety for banks by end of 3Q 2022

EGP 93.4bn in net profits, top 10 accounted for 78.29%

Hossam Mounir Hossam Mounir

Ahli United Bank – Egypt Wins “Bank of the Year- Egypt” award from The Banker (UK)

The award is a testament to the bank’s efforts to harness the…

Daily News Egypt Daily News Egypt

Egyptian exports to EU doubled in 2022: EU’s Ambassador

“Considering that Egypt’s total exports totaled about €27bn, the EU remains the…

Nehal Samir Nehal Samir

CIB and Visa Celebrate Winners of FIFA World Cup™  Campaign

The Bank held an award ceremony at its Smart Village office to…

Daily News Egypt Daily News Egypt