Private sector lending rises 10.1% in Q1 2025 as inflation eases: CBE
The Central Bank of Egypt (CBE) has announced that local currency loans…
NBE, Banque Misr cut EGP savings rates by 1%, halt USD certificates with local currency payouts
The National Bank of Egypt (NBE) and Banque Misr announced interest rate…
Market eyes effects of 1% interest rate cut on savings, loans, and debt securities
The market is gearing up for the reopening of banks tomorrow, Sunday,…
Banque Misr, ADCB arrange EGP 1.3bn syndicated loan for Palm Hills’ Casa Cook hotel project
A banking consortium led by Banque Misr, in cooperation with Abu Dhabi…
United Bank reports over EGP 1bn in profits for Q1 2025
United Bank has reported standalone pre-tax profits of EGP 1.013bn for the…
CIB partners with Lantern Ventures to boost SME growth
The Commercial International Bank (CIB) has entered into a strategic partnership with…
CBE cuts rates by 1% as inflation pressures ease, growth rebounds
The Central Bank of Egypt (CBE)’s Monetary Policy Committee (MPC) decided last…
CBE to decide interest rate path Thursday amid divided analyst views
The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) will hold…
Urban inflation rises to 13.9% in April despite fuel price hikes
Urban headline inflation in Egypt edged up to 13.9% in April 2025,…
AAIB, MSMEDA sign EGP 150m agreement to boost Egypt’s SME industrial sector
The Arab African International Bank (AAIB) has signed a new financing agreement…