Egypt’s HDB records 7.8% growth, total profits of EGP 878m in 1Q 2022
Chairperson says plans for growth, development of HDB lead to rapid growth…
Zed East SC signs medium-term financing contract worth EGP 700m with CIB
Zed East Sports Club project to be established on the land of…
Al-Ahly Capital Holding, Suez Industrial Development partner to develop integrated industrial zone in Abu Rawash
The agreement includes Suez Industrial Development acquiring 25% of Al-Ahly Industrial Development
CBE directs increasing banks’ contributions in Decent Life initiative
Banks inject EGP 826m in finance to 17,000 small, micro enterprises within…
We are working to increase trade exchange between small enterprises in Egypt and Africa: Trade Minister
Breaking into the African market is one of the most important axes…
ABE Chairperson, New Valley Governor open recently developed bank branch in Kharga
ABE’s top priority is to support financial inclusion, in implementation of CBE’s…
CBE explains its reasoning for raising interest rates by 2%
MPC decided that raising policy rates is necessary to contain inflationary pressures,…
Banks in Egypt discuss fate of interests on savings vessels, loans after 2% basic rate hike
Yield on some savings certificates, loan products rises automatically after CBE’s decision
CBE to discuss interest rates, EGP’s value on Thursday amid strong expectations of hike
The current interest rates are 9.25% for deposit, 10.25% for lending, and…
CBE will not hesitate to take measures it deems necessary to curb inflation: CBE Governor
The governor added that negotiations with the IMF are going well