Six problems facing the bank in the coming period: PDBAC chairperson
The challenges include resolving EGP 4bn worth of non-performing debts, raising efficiency…
NBE signs EGP 1.98bn loan with Alexandria National Refine and Petrochemical
The loan is earmarked to establish a naphtha and continuous catalyst regeneration…
CBE issues new regulations for financing agriculture, industry medium enterprises
The Central Bank of Egypt (CBE) issued on Wednesday the regulations for…
Banking sector provides $33.7bn to cover needs of state, importers in 7 months: CBE’s Governor
Amer demonstrates with Al-Sisi the CBE’s efforts to support foreign exchange reserves…
Gulf states provide Egypt with $6bn to support foreign reserves
Egypt's foreign exchange reserves have been bolstered with $6bn from Saudi Arabia,…
US dollar jumps to EGP 8.87 on official market, EGP 11 on informal market during Al-Sisi’s 2-year presidency
The official price of the US dollar increased from EGP 7.17 in…
Banque Du Caire finances the purchase of 6,229 housing units for low- and middle-income individuals by end of May
The bank contributes EGP 6.5bn in the syndicated loan arranged for the…
54% decrease in tourist arrivals in April: CAPMAS
Western Europe accounted for 35% of tourists coming to Egypt, while the…
CBE reprints EGP 1 banknotes to face small change shortage
The new EGP 1 banknotes will be signed by Governor of the…
91 million people in Egypt as of Sunday: CAPMAS
Egypt’s population has increased by 1 million people over the past six…