MSMEDA injects EGP 2.6bn to support over 95,000 small, micro projects in Qena
Basil Rahmy, CEO of the Micro, Small, and Medium Enterprise Development Agency…
Egypt’s banking sector sees $37.8bn surge in net foreign assets over one year
Egypt’s banking sector, encompassing both the Central Bank of Egypt (CBE) and…
Islamic banking in Egypt increases to EGP 1.14trn in 2024
The Islamic banking sector in Egypt reached EGP 1.14trn in 2024, representing…
Net foreign assets in Egypt’s banking sector surge to $8.7bn in January 2025: CBE
The Central Bank of Egypt (CBE) has reported a significant rise in…
Reefy Microfinance pumps EGP 4bn into Egypt’s economy in 2024
Reefy Microfinance Enterprise Services has injected EGP 4bn in financing during 2024,…
Finance Ministry to issue EGP 730bn in T-bills, bonds in March
The Ministry of Finance has unveiled its plan to issue 32 treasury…
Private banks in Egypt achieve record profits in 2024
Private banks operating in the Egyptian market recorded unprecedented profits in 2024,…
Egypt’s banking sector expands sustainable finance initiatives
Egypt’s banking sector, under the leadership of the Central Bank of Egypt…
Saib reports EGP 1.74bn net profits in December 2024, achieving 81% growth
Saib bank concluded 2024 with an exceptional 81% surge in net profits,…
EGP 911.5bn in total financing provided by FRA-regulated entities in 2024: Chairperson
Mohamed Farid, Chairperson of the Financial Regulatory Authority (FRA), unveiled key performance…