Finance Ministry to issue EGP 728bn in treasury auctions in June
The Ministry of Finance is set to offer 34 treasury bill (T-bill)…
Non-banking finance for MSMEs rises to EGP 84.6bn in March, marking EGP 21.8bn annual growth
The Financial Regulatory Authority (FRA) announced that the total volume of non-banking…
Banks inject EGP 82.1bn into low-income mortgage initiative until April 2025
The Social Housing and Mortgage Finance Fund (SHMFF) has announced that banks…
Private sector lending rises 10.1% in Q1 2025 as inflation eases: CBE
The Central Bank of Egypt (CBE) has announced that local currency loans…
NBE, Banque Misr cut EGP savings rates by 1%, halt USD certificates with local currency payouts
The National Bank of Egypt (NBE) and Banque Misr announced interest rate…
Market eyes effects of 1% interest rate cut on savings, loans, and debt securities
The market is gearing up for the reopening of banks tomorrow, Sunday,…
Banque Misr, ADCB arrange EGP 1.3bn syndicated loan for Palm Hills’ Casa Cook hotel project
A banking consortium led by Banque Misr, in cooperation with Abu Dhabi…
United Bank reports over EGP 1bn in profits for Q1 2025
United Bank has reported standalone pre-tax profits of EGP 1.013bn for the…
CIB partners with Lantern Ventures to boost SME growth
The Commercial International Bank (CIB) has entered into a strategic partnership with…
CBE cuts rates by 1% as inflation pressures ease, growth rebounds
The Central Bank of Egypt (CBE)’s Monetary Policy Committee (MPC) decided last…