Banks in Egypt see EGP 50.921bn increase in net foreign assets in February 2021: CBE
Proceeds of saving certificates, deposits in local currency rise by EGP 76.77bn…
CBE, Supply Ministry sign finance agreement to develop bakeries through banks
Agreement comes as part of Presidential directives to maximise use of Egypt’s…
Egypt sees 17.9% decrease in trade balance in January 2021
Noting in its Monthly Bulletin of “Foreign Trade Data” for January 2021,…
Egyptian Government eyes borrowing EGP 642.5bn from local market in Q2 2021
Finance Ministry issues 52 tenders for T-bills worth EGP 462bn, 35 bids…
Banque du Caire reports EGP 3.2bn net profit in 2020
Bank overcame challenges of 2020, banking sector one of strongest sectors supporting…
NBE provides services to clients at New Administrative Capital through mobile unit
Bank is keen to increase financial inclusion among Egypt’s youth, one of…
HSBC, Reefy sign EGP 150m revolving facility for Egyptian women-led MSMEs
Agreement supports CBE aim to raise microbusinesses, SME sector contribution to formal…
Tamweely Microfinance continues strong performance as portfolio exceeds EGP 1.07bn
Company’s net profit increases 75% to EGP 51.5m in 2020, compared to…
CBE to provide ABE additional EGP 1bn to finance livestock project
Approval from CBE raises lending portfolio for this project to EGP 3bn,…
Egypt’s Sovereign Fund commits EGP 250m to EFG Hermes Education Fund’s third close
TSFE, GEMS Egypt also sign MoU to develop, operate 2 premium national…
