Localising Egyptian industry, expanding market share, key targets for Industrial Development Bank in 2025: CEO
Hussein Refaie, CEO and Managing Director of the Industrial Development Bank (IDB)…
Egypt well-positioned to capitalise on growth potential, solidify regional economic powerhouse status: HSBC Egypt CEO
Amidst a landscape of evolving economic refor\ms and regional uncertainties, Egypt remains…
FRA updates investment rules for insurance companies
The Financial Regulatory Authority (FRA), under the leadership of Mohamed Farid, has…
Egypt’s annual urban inflation eases to 24% in January
Annual urban inflation in Egypt slowed slightly to 24% in January 2025,…
Foreign asset surplus in Egypt’s banking sector reaches $5.2bn in 2024
The Central Bank of Egypt (CBE) reported that the net foreign assets…
Banque du Caire leads $75m consortium to finance Cheiron Egypt Delta’s gas field development
A banking consortium led by Banque du Caire, alongside Arab International Bank,…
FABMISR’s net profit soars 153% to EGP 26.3bn in 2024
First Abu Dhabi Bank Misr (FABMISR), one of the largest banks operating…
CBE receives 27 offers worth $1.241bn for local treasury bills tender
The Central Bank of Egypt (CBE) received 27 offers amounting to $1.241bn…
CBE to offer a $1bn treasury bill tender on Monday
The Central Bank of Egypt (CBE) will offer a $1bn local treasury…
Finance Ministry to issue 29 T-bills, bonds worth EGP 641bn in February
The Ministry of Finance announced plans to issue 29 treasury bills (T-bills)…