Marginal overall BoP deficit of only $14.1m in 1H 2021/22
Egypt's transactions with other countries resulted in minor widening of current account…
CIB – Egypt reports 1Q 2022 consolidated net income of EGP 4.24bn
In a statement, the bank’s management commented that “1Q 2022 ended on…
Bank deposits increase to EGP 6.549trn in January 2022: CBE
Credit facilities increase by EGP 257.6bn in 7 months, reaching EGP 3.161trn
Central Bank of Egypt reveals reasons for high inflation in March 2022
Annual urban inflation jumps to 10.5% in March 2022, marking highest rate…
ADQ acquires stake in CIB with a value of $911.457m
ADQ also executed another transaction on Fawry’s shares for 215.124m shares at…
Annual urban inflation jumps to 10.5% in March 2022: CAPMAS
Annual core inflation increased to 10.1% in March 2022: CBE
CIB Egypt details its digital transformation results amid COVID-19
Volume of mobile banking transactions more than doubled to 107% in 2021
Egypt keen to encourage owners of informal projects to reconcile their status: Trade Minister
Of these projects, 3,116 are commercial projects, 216 are industrial, and 11…
ABE completes preparations ahead of wheat harvest season
The bank is also facilitating supply operations from farmers and receiving all…
CBE includes medical professions in initiative for small projects, at an interest rate of 5%
The CBE also emphasised the role of banks in providing electronic payment…