Ministry of Finance plans to issue EGP 751bn in T-Bills, bonds in December
Egypt’s Ministry of Finance is set to issue 33 treasury bill and…
Corporate, institutional financing for MSMEs jumps to EGP 71.3bn in September 2024
Corporate and institutional financing for Micro, Small, and Medium Enterprises (MSMEs) totaled…
Foreign assets in Egyptian banking sector reach $9.2bn in October 2024: CBE
The Central Bank of Egypt (CBE) has announced that the Egyptian banking…
ADIB Egypt invests EGP 1bn in technological infrastructure, digital transformation
Abu Dhabi Islamic Bank Egypt (ADIB) has announced plans to invest approximately…
Saib Bank achieves net profit of EGP 1.28bn in September 2024, with 118% growth
Saib Bank reported a 118% increase in net profit, reaching EGP 1.28bn,…
Islamic banking in Egyptian market increases to EGP 1.080trn in September 2024
The Egyptian Islamic Finance Association (EIFA) reported that the volume of Islamic…
Inflation to stabilize until late 2024 despite upward risks: CBE
The Central Bank of Egypt (CBE) expects inflation to stabilize at its…
FRA establishes quality, qehavioral standards for registered auditors
The Financial Regulatgory Authority (FRA), chaired by Mohamed Farid, issued Resolution No.…
Strong expectations for fifth consecutive EGP interest rate hold
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…
Egypt-AU trade exchange rises 5.7% to $9.2bn in 2023
Trade exchange between Egypt and the African Union countries reached $9.2bn in…