Banks operating in Egyptian market achieve net profits worth EGP 289.409bn in H1 2024: CBE
The Central Bank of Egypt reported that banks operating in the Egyptian…
NBE, Banque Misr restructure their boards
Egypt’s Prime Minister Mostafa Madbouly issued a decree restructuring the boards of…
Social Solidarity Minister, EU ambassador discuss NSB development plan
Maya Morsy, Egypt’s Minister of Social Solidarity, met with Christian Berger, the…
Banque Misr achieves pre-tax profits of EGP 80.9bn in 2023
Banque Misr's general assembly approved last Thursday the financial statements for the…
NBE reports EGP 126bn in pre-tax profits for 2023
The National Bank of Egypt (NBE) held its general assembly last Thursday…
CBE pays $23.8bn in foreign debt service over 9 months
The Central Bank of Egypt (CBE) revealed Wednesday that Egypt paid $23.8bn…
CBE explains August’s inflation rise after 5-month decline
Egypt’s annual urban headline inflation ticked up to 26.2% in August 2024,…
CIB announces new leadership: Ezz Al-Arab as CEO, Sabbour as 1st female chair
The Commercial International Bank - Egypt (CIB) has appointed Hisham Ezz Al-Arab…
CBE’s net foreign assets record $10.3bn surplus in August
The Central Bank of Egypt's net foreign assets (NFA) achieved a surplus…
Banks, companies offer EGP 73.09bn under ‘Affordable Housing Initiative’ until August
Banks and mortgage companies participating in the Affordable Housing Initiative have provided…