CBE offers EGP 20bn in T-Bills as market awaits Finance Ministry move
The CBE will issue Treasury Bills and bonds worth EGP 186bn in…
MSMEDA allocates EGP 5.4bn to female microenterprises
Finance expected to reach 216,000 projects over five years, providing 250,000 jobs,…
FAB acquisition talks with Bank Audi Egypt terminated
Bank Audi Group CFO Tamer Ghazaleh said that, despite the failure of…
NIB invests EGP 800m to raise AIB capital
Updated 2019-2022 strategic plan approved, includes new products and development of internal…
CBE takes measures to reduce economic impacts of COVID-19
We moved quickly to preserve economic gains since launch of national economic…
MSMEDA, Banque du Caire contribute EGP 620m to finance 40,000 micro-projects
First contract worth EGP 500m will finance micro-projects, second project for financing…
CBE’s Monetary Policy Committee convenes to decide on interest rates
Maintaining local currency attractive amid economic uncertainty due to Covid-19 crisis suggests…
FEB orders obligatory mask-wearing in banks, starting next week
FEB called on citizens to abide by these procedures, so that banks…
CIB commits $7m to test kits, support families impacted by COVID-19
The CIB contribution will also be dispersed to the National Emergency and…
Egypt’s annual urban inflation rises to 5.9% in April: CAPMAS
CBE to review interest rate Thursday in light of new inflation figures