Housing and Development Bank achieves 10.8% PBT growth to EGP 1.45bn in H1 2021
Bank continues to achieve positive growth due to continuous support of development,…
Egyptian remittances record 13 % growth to $28.5bn in 11 months: CBE
The Central Bank of Egypt (CBE) has revealed that remittances from Egyptians…
Central Bank of Egypt justifies inflation hike during July 2021
Egypt’s annual headline urban inflation increased to 5.4% in July 2021, compared…
Central Bank of Egypt receives 33 bids worth €792m for euro-denominated T-bills
CBE accepts 27 offers, worth €622m, with average interest of 1.396
Egypt injects EGP 2.8bn into over 87k small, micro projects in H1 2021
Minister Nevin Gamea urges citizens to benefit from MSMEDA services to finance…
Abu Dhabi Commercial Bank – Egypt reports net profit rise of 83% in H1 2021
Bank continues expansion plans, emphasises brand, and finalises measures to raise capital:…
Egypt’s external debt increases to $134.8bn in March 2021: Central Bank
Long-term debt accounts for $121.5bn (90.2%) of total external debt, while short-term…
Foreign investments in Egypt’s T-bills increase to $22.866bn in June 2021: CBE
Net foreign assets in Egypt’s banking system up by EGP 125.8bn from…
Bahrain’s Bank ABC acquires 99.5% of BLOM Bank Egypt
Acquisition deal valued at $425m
Egypt’s annual urban inflation rises to 5.4% in July 2021
Annual core inflation computed by CBE records 6.4% in July 2021