Raya Holding issues EGP 562m worth securitisation bonds
The securitisation bonds were issued through receipts, financial rights, and future payment…
Parliament approves new Banking Law ensuring monetary stability
The approval was given after a standing vote on the new law,…
Egyptian exports to US increase 27.5% in 2019: CAPMAS
Egyptian exports to US equivalent to 7.2% of Egypt's total exports in…
Trilateral cooperation protocol to develop New Valley’s irrigation systems
The tripartite cooperation will see the conversion from the currently used flood…
New facilities to remove levy on taxpayers’ bank accounts: CBE
This is applicable on natural or legal persons regardless of their activity.…
IDB finalises its technological infrastructure, prepares e-services launch
Bank allocates EGP 600m to comprehensive technological development, establish electronic branches, expand…
Private sector holds 61.7% of total bank loans in April: CBE
Total deposits see 14.33% growth in April, compared to 13.9% in March;…
Egypt’s microfinance market records EGP 17.866bn in Q1 of 2020
About 2,456 customers benefited from nano-finance products, with total EGP 577.3m in…
Financial position of banks in Egypt up to EGP 6.421trn in April: CBE
Total deposits up by EGP 92.4bn, total loans rise by EGP 91.9bn
MSMEDA develops plan to improve SMEs sector post-COVID-19: Trade Minister
Gamea explained that the agency is keen to meet with governors and…