Net foreign assets in Egypt’s banking sector rise by $1.5bn in February 2025
The Central Bank of Egypt (CBE) announced that net foreign assets within…
Financial position of banks operating in Egypt reaches EGP 20.799trn in 2024
The Central Bank of Egypt (CBE) announced that the total financial position…
Egypt’s microfinance sector approaches EGP 100bn in 2024: MSMEF
Mona Zulficar, Chairperson of the Egyptian Federation for Financing Medium, Small, and…
Microfinance companies inject EGP 80.4bn into MSMEs in January 2025: FRA
The Financial Regulatory Authority (FRA) has reported that licenced microfinance companies and…
Annual urban inflation drops sharply to 12.8% in February 2025: CBE
Egypt’s annual urban headline inflation fell significantly to 12.8% in February 2025,…
CBE reports EGP 133.4bn in net profits for February 2025
The Central Bank of Egypt (CBE) recorded a net profit of EGP…
MSMEDA provides EGP 11.9bn in funding for 574,349 small, micro projects in northern Upper Egypt
Basil Rahmy, CEO of the Micro, Small, and Medium Enterprises Development Agency…
Egyptian banks report record profits of EGP 534.8bn in 2024
Banks operating in the Egyptian market recorded net profits of EGP 534.8bn…
HDP Signs Contract with Consolidated Contractors Company (CCC) to Develop SQ1 in New Cairo with EGP 1.7bn Investment
Housing and Development Properties (HDP), the real estate arm of the Housing…
FRA approves fintech integration for 8 non-banking financial, brokerage firms
The Financial Regulatory Authority’s (FRA) fintech committee has approved the integration of…