Egypt’s external debt declines to $160.6bn in Q1 2024
Egypt's external debt registered $160.6bn at the end of March 2024, a…
Favourable base effects, declining food prices drive down Egypt’s inflation: CBE
Egypt's annual urban headline inflation rate declined for the fifth consecutive month…
President extends term of Central Bank of Egypt Governor for another year
President Abdel Fattah Al-Sisi has extended the term of Hassan Abdalla as…
HDB achieves record net profit of EGP 5.158bn in mid-2024
The Housing and Development Bank (HDB) has reported outstanding financial performance for…
Egyptian microfinance portfolio surpasses EGP 93.4bn to 4.5 million clients
The total microfinance portfolio exceeded EGP 93.4bn, benefiting over 4.5 million clients…
CBE offers €600m worth of euro-denominated T-bills
The Central Bank of Egypt (CBE), acting on behalf of the Ministry…
Non-banking finance for MSMEs increases to EGP 64.421bn in May 2024: FRA
The total non-banking financial credit extended to medium, small, and micro-enterprises (MSMEs)…
Suez Canal Bank appoints Bahaa Farouk as head of digital transformation
Suez Canal Bank has announced the appointment of Bahaa Farouk as the…
MSMEDA, Cash sign EGP 100m deal to finance 2,000 micro-enterprises
Basel Rahmi, CEO of the Micro, Small, and Medium Enterprise Development Agency…
Government prioritises citizen services with major financial initiatives: Finance Minister
2,527 investors benefit from production support initiative, receiving approximately EGP 80bn: Egypt's…