31.3% of Egypt’s 2022 budget goes to economic development: Finance Minister
Egypt’s Minister of Finance Mohamed Maait has confirmed that31.3% of the country’s programme and performance…
Egyptian government, banking sector take strong action to support MSMEs
National Bank of Egypt receives $100m from European Investment Bank to support…
Afreximbank equips Banque du Caire with $200m intra-African finance
Facility is designed to finance Banque du Caire’s expansion across Africa
Egypt’s urban inflation rises to 4.8% in May 2021, compared to 4.1% in April: CAPMAS
General consumer price index across country reached 112.9 points in May 2021
EJB partnered with previous governments to contribute to several economic plans: Mohieldin
Economic policies should be flexible with need to mobilise labour towards growing…
Egyptian remittances increase 8.5% to $23.4bn within 9 months: CBE
11% annual increase in remittances during March 2021 only
Egyptians present 13.1% of patents granted in Egypt during 2020
Total of 1,229 applications were made by foreigners, reflecting rate of 55.7%
Egypt’s SMEs Development Agency, Banque du Caire sign EGP 500m microfinance agreement
Contract allows for limit of loans provided to micro-projects to be raised…
Central Bank of Egypt receives 24 bids worth $540.6m for T-bills in US dollars
Proceeds of this tender will be used to pay for previous tender…
Financial position of banks in Egypt increases to EGP 7.55trn in March 2021: CBE
Net foreign assets at banking system rise by EGP 155.3bn in 9…