CIB announces new leadership: Ezz Al-Arab as CEO, Sabbour as 1st female chair
The Commercial International Bank - Egypt (CIB) has appointed Hisham Ezz Al-Arab…
CBE’s net foreign assets record $10.3bn surplus in August
The Central Bank of Egypt's net foreign assets (NFA) achieved a surplus…
Banks, companies offer EGP 73.09bn under ‘Affordable Housing Initiative’ until August
Banks and mortgage companies participating in the Affordable Housing Initiative have provided…
Egypt’s annual urban inflation increases to 26.2% in August
Egypt's Central Agency for Public Mobilization and Statistics (CAPMAS) said on Tuesday…
Egyptian remittances increase 32.4% to $15.5bn in 7M 2024: CBE
The Central Bank of Egypt (CBE) revealed that Egyptian expatriates’ remittances increased…
CBE expects significant inflation decline in early 2025
The Central Bank of Egypt (CBE) has projected a significant decrease in…
Egyptian banking sector’s financial position surges to EGP 18.387trn in April 2024: CBE
The Central Bank of Egypt (CBE) has revealed a surge in the…
CBE to decide on interest rate today amid expectations of third consecutive hold
The Central Bank of Egypt (CBE) will determine on Thursday, the fate…
Egypt to launch first digital bank by Q4 2024 following CBE’s approval
The Information and Decision Support Center (IDSC) of the Egyptian Cabinet has…
Ministry of Finance to issue EGP 506.5bn in T-bills, bonds in September
The Egyptian Ministry of Finance plans to issue 26 treasury bills and…