EGP 646.6bn in funding granted by FRA-supervised bodies in 9M 2024
The Financial Regulatory Authority (FRA) has announced that entities under its supervision…
EGP 5.3bn allocated to MSME funding, creating 257,900 jobs in 10M 2024
Bassel Rahmi, CEO of the Micro, Small, and Medium Enterprise Development Agency…
CBE to launch $900m T-bill auction
The Central Bank of Egypt (CBE) will conduct a $900m local treasury…
Banque du Caire reports EGP 8.6bn net profit in 9M 2024
Banque du Caire achieved net profits of EGP 8.6bn in September 2024,…
Ministry of Finance plans to issue EGP 751bn in T-Bills, bonds in December
Egypt’s Ministry of Finance is set to issue 33 treasury bill and…
Corporate, institutional financing for MSMEs jumps to EGP 71.3bn in September 2024
Corporate and institutional financing for Micro, Small, and Medium Enterprises (MSMEs) totaled…
Foreign assets in Egyptian banking sector reach $9.2bn in October 2024: CBE
The Central Bank of Egypt (CBE) has announced that the Egyptian banking…
ADIB Egypt invests EGP 1bn in technological infrastructure, digital transformation
Abu Dhabi Islamic Bank Egypt (ADIB) has announced plans to invest approximately…
Saib Bank achieves net profit of EGP 1.28bn in September 2024, with 118% growth
Saib Bank reported a 118% increase in net profit, reaching EGP 1.28bn,…
Islamic banking in Egyptian market increases to EGP 1.080trn in September 2024
The Egyptian Islamic Finance Association (EIFA) reported that the volume of Islamic…