Finance Ministry to issue EGP 196.5bn worth T-bill, bond tenders in November
The offering comprises 16 tenders for T-bills worth EGP 158bn, and 10…
ADIB-Egypt introduces innovative ‘Beat’ contactless payment device
Device to use contactless technology allowing customers to quickly, easily, and securely…
Egypt’s bank deposits increase to EGP 4.788trn in July 2020: CBE
Private businesses receive 59.8% of total bank facilities, with industry at forefront…
Egyptian remittances record $27.8bn in FY 2019/20: CBE
In a statement on Wednesday, the CBE added that remittances from Egyptians…
ABE Chairperson explores finance schemes for agricultural projects in Toshka
Farouk said that the ABE’s field visits to inspect agricultural projects across…
Egypt’s external debt rises to $123.49bn in June 2020: CBE
The country’s external debt in June 2020 also increased by 14.79% compared…
Agricultural Bank of Egypt targets 30-million customer base over 5 years
Financing programme for needy families, rural women, and craftsmen to be launched…
Hisham Ezz Al Arab releases resignation from CIB post
On his Facebook page, Ezz Al-Arab wrote, “In my 21 years of…
Ezz Al-Arab’s resignation from CIB: what goes on behind the scenes?
The CIB Board of Directors has unanimously decided to appoint Sherif Sami…
CBE provides full support to CIB to preserve its financial position, deposits
A CBE statement read, “The CBE approved the decision of the CIB’s…