Islamic banking in Egyptian market hits EGP 737bn in June 2024
A recent report by the Egyptian Islamic Finance Association (EIFA) highlights the…
Financial position of banks operating in Egypt soars to EGP 19.336trn in mid-2024: CBE
The Central Bank of Egypt (CBE) has reported a significant rise in…
CBE to list stake in United Bank on EGX by Q1 2025
The Central Bank of Egypt (CBE) has announced plans to offer a…
Banks operating in Egyptian market achieve net profits worth EGP 289.409bn in H1 2024: CBE
The Central Bank of Egypt reported that banks operating in the Egyptian…
NBE, Banque Misr restructure their boards
Egypt’s Prime Minister Mostafa Madbouly issued a decree restructuring the boards of…
Social Solidarity Minister, EU ambassador discuss NSB development plan
Maya Morsy, Egypt’s Minister of Social Solidarity, met with Christian Berger, the…
Banque Misr achieves pre-tax profits of EGP 80.9bn in 2023
Banque Misr's general assembly approved last Thursday the financial statements for the…
NBE reports EGP 126bn in pre-tax profits for 2023
The National Bank of Egypt (NBE) held its general assembly last Thursday…
CBE pays $23.8bn in foreign debt service over 9 months
The Central Bank of Egypt (CBE) revealed Wednesday that Egypt paid $23.8bn…
CBE explains August’s inflation rise after 5-month decline
Egypt’s annual urban headline inflation ticked up to 26.2% in August 2024,…