CBE to decide key interest rates Thursday amid rising inflation
Some expect rates to remain unchanged following recent rise, while others expect…
Volume of trade exchange between Egypt, Saudi Arabia reached $9.1bn in 2021: CAPMAS
$11.2bn in remittances from Egyptians working in the lingdom in FY2020/21
MSMEDA supports small enterprises in chemical, packaging industries through Ezdehar Programme in cooperation with GIZ
Participants were introduced to the various financial and technical services of the…
HSBC Egypt launches Green Personal Finance for more sustainable choices
HSBC Green Personal Finance is available exclusively for the purchase of electric…
EGP 786bn increase in total financial position of banks in 1Q 2022
Non-performing loans decreased to 3.3% of total portfolio by end of March…
World has not seen such halt in economic activity since 2008 financial crisis: Deputy CBE Governor
Decision-makers are often faced with the duty of prompt and effective policy…
NBE raises stake in Afrexim Bank by $326.6m
This comes after Afrexim Bank invited shareholders to participate in increasing its…
Annual urban inflation in Egypt hits three-year high in May driven by price hikes of water supply, subsidised vegetable oils, rice
Inflation continues to be affected by depreciation of exchange rate, repercussions of…
FAB rebrands itself as ‘FABMISR’ following legal merger with Bank Audi Egypt
System integration under the new identity is expected to conclude in 4Q…
saib achieves 46% growth in net profit at $7.68m in 1Q 2022
Bank expands its branch network to 36 branches, aims to add five…