Egyptian banking sector records $13.25bn NFA surplus in July, marking continued growth
The Central Bank of Egypt (CBE) announced that the net foreign assets…
CBE reports first profit in seven years, EGP 22.834bn in June 2024
The Central Bank of Egypt (CBE) has announced a net profit of…
Banque du Caire achieves 120% surge in net profits surpassing EGP 5.7bn for H1 2024
Banque du Caire has reported a remarkable 120% increase in net profits,…
Egypt’s external debt declines to $160.6bn in Q1 2024
Egypt's external debt registered $160.6bn at the end of March 2024, a…
Favourable base effects, declining food prices drive down Egypt’s inflation: CBE
Egypt's annual urban headline inflation rate declined for the fifth consecutive month…
President extends term of Central Bank of Egypt Governor for another year
President Abdel Fattah Al-Sisi has extended the term of Hassan Abdalla as…
HDB achieves record net profit of EGP 5.158bn in mid-2024
The Housing and Development Bank (HDB) has reported outstanding financial performance for…
Egyptian microfinance portfolio surpasses EGP 93.4bn to 4.5 million clients
The total microfinance portfolio exceeded EGP 93.4bn, benefiting over 4.5 million clients…
CBE offers €600m worth of euro-denominated T-bills
The Central Bank of Egypt (CBE), acting on behalf of the Ministry…
Non-banking finance for MSMEs increases to EGP 64.421bn in May 2024: FRA
The total non-banking financial credit extended to medium, small, and micro-enterprises (MSMEs)…