Egypt’s foreign exchange reserves reach new high
The foreign exchange reserves increased to $31.1bn at the end of May…
National Council for Payments issues five important decisions
Preparation of a law for the development of non-cash financial transactions, exemption…
CBE completes electronic linking system with COMESA banks
The project is a new positive step towards supporting Egyptian economic relations…
UBE offers integrated system for financing journalists, launches Tahya Misr investment certificates
The bank signs a cooperation protocol with the Press Syndicate to offer…
Egyptian Agricultural Bank launches initiative to finance livestock wealth project
We aim to finance the purchasing of one million livestock and establish…
Government launches treasury bonds and bills for EGP 105.25bn in June
Launching 16 bills for terms of 91-364 days for EGP 99bn, 8…
Beltone expects HDB’s net profit to exceed EGP 800m by year end
Bank’s initial 2017 budget includes deposit growth by 40%, loans by 30%,…
CBE’s decision to raise interest rate continues to stir controversy
The decision was great and emphasised the bank’s determination to activate its…
Egypt’s international bonds stock increase to $14.5bn
The bond's terms range from 1 year to 30 years and due…
Banks financed foreign trade operations valued at $35bn since flotation: CBE
Decision to raise interest by 2% aims to curb inflation, CBE takes…