CBE reports increase in foreign assets surplus to $11.8bn in November 2024
The Central Bank of Egypt (CBE) announced a net foreign assets surplus…
CBE reports decline in annual core inflation to 23.7% in November
The Central Bank of Egypt (CBE) has reported a slight decrease in…
Egypt’s annual urban inflation slows to 25.5% in November 2024
Egypt’s annual urban inflation rate eased to 25.5% in November 2024, down…
Banks, mortgage companies inject EGP 78.66bn into low-income initiative in November
Financial institutions participating in Egypt's low-income mortgage finance initiative provided a total…
CBE joins Pan-African Payment and Settlement System
As part of Egypt’s efforts to deepen economic collaboration with African nations,…
ETA launches permanent Advance Ruling Unit to enhance transparency, support investors
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), has announced…
EGP 646.6bn in funding granted by FRA-supervised bodies in 9M 2024
The Financial Regulatory Authority (FRA) has announced that entities under its supervision…
EGP 5.3bn allocated to MSME funding, creating 257,900 jobs in 10M 2024
Bassel Rahmi, CEO of the Micro, Small, and Medium Enterprise Development Agency…
CBE to launch $900m T-bill auction
The Central Bank of Egypt (CBE) will conduct a $900m local treasury…
Banque du Caire reports EGP 8.6bn net profit in 9M 2024
Banque du Caire achieved net profits of EGP 8.6bn in September 2024,…