Mashroak empowers 212,000 projects with EGP 29bn in loans: Egypt’s Local Development Minister
Manal Awad, Egypt's Minister of Local Development, received a comprehensive report on…
Suez Canal Bank appoints Shehab Zidan as deputy CEO, managing director
Suez Canal Bank has announced the appointment of Shehab Zidan to its…
MSMEDA injects EGP 8bn in finances over 18 months, creates nearly 400,000 jobs
Financing conversion of over 70,000 vehicles to natural gas at a Cost…
Egypt plans to borrow EGP 1.013trn from local market in August, September
Ministry of Finance targets 32 T-bill auctions worth EGP 960bn, 20 T-bond…
Total financial position of Egyptian banking sector increases to EGP 17.8trn in Q1 2024
Household sector holds 74.2% of EGP 11.534trn in customer deposits
CBE withdraws EGP 947.1bn from banks in open market operations at 27.75% interest rate
The Central Bank of Egypt (CBE) withdrew EGP 947.1bn from 32 banks…
Banks, financing companies inject EGP 70.6bn into low-income housing initiative by June 2024
The Social Housing and Mortgage Finance Fund recently disclosed that banks and…
EGP 19.5bn annual increase in non-banking finance for MSMEs during April 2024: FRA
Non-banking finance reaches EGP 63.1bn in April 2024
Investment banks predict CBE to maintain unchanged rates for second consecutive meeting
Analysts anticipate unchanged rates amidst decreasing inflation
CBE explains reasons for decline in June inflation
Annual urban headline inflation continued its downward trend, registering 27.5% in June…