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…
Egypt’s gold reserves climb $281m in May: CBE
Net international reserves increase to $40.468bn in May
Bank Audi Egypt CEO steps down, Bank ABC chief to leave within days
Sources indicated that Bedir is currently choosing between several offers from other…
Egypt sees 12.25% increase in manufacturing, extractive index in March 2021: CAPMAS
Decrease was seen in economic activities among computer, electronic, and optical products,…
Egyptian banking sector reports net foreign assets of $17.382bn in April 2021
Foreign currency deposits rose by $1bn in April
Egypt sees 33.8% increase in petroleum exports value in Q1 2021: CAPMAS
This compared to the $1.359bn recorded in the same quarter of the…