22 banks offer EGP 79.2bn in mortgage financing, supporting 599,512 low-income clients as of February 2025
The Social Housing and Mortgage Finance Fund (SHMFF) revealed that 22 banks…
Banks in Egypt to offer free account openings with no minimum balance
All banks operating in Egypt will offer free account openings starting Sunday,…
United Bank achieves record-breaking results, net profits surge 60% to EGP 2.73bn in 2024
United Bank has announced standalone pre-tax profits of EGP 3.61 bn in…
MSMEDA injects EGP 2.6bn to support over 95,000 small, micro projects in Qena
Basil Rahmy, CEO of the Micro, Small, and Medium Enterprise Development Agency…
Egypt’s banking sector sees $37.8bn surge in net foreign assets over one year
Egypt’s banking sector, encompassing both the Central Bank of Egypt (CBE) and…
Islamic banking in Egypt increases to EGP 1.14trn in 2024
The Islamic banking sector in Egypt reached EGP 1.14trn in 2024, representing…
Net foreign assets in Egypt’s banking sector surge to $8.7bn in January 2025: CBE
The Central Bank of Egypt (CBE) has reported a significant rise in…
Reefy Microfinance pumps EGP 4bn into Egypt’s economy in 2024
Reefy Microfinance Enterprise Services has injected EGP 4bn in financing during 2024,…
Finance Ministry to issue EGP 730bn in T-bills, bonds in March
The Ministry of Finance has unveiled its plan to issue 32 treasury…
Private banks in Egypt achieve record profits in 2024
Private banks operating in the Egyptian market recorded unprecedented profits in 2024,…