Outstanding balance of local T-bills, bonds amount to EGP 4.348trn in October 2022: Finance Ministry
Ministry of Finance also offered dollar-denominated bonds of $34.21bn from June 2015…
Volume of Islamic banking in Egypt estimated at EGP 459bn by end of September 2022
Faisal Islamic Bank is in the lead with a turnover of EGP…
FinTech Egypt launches FINTEKRS initiative to encourage start-ups, implement innovative financial solutions
The initiative aims to raise awareness for fintech among entrepreneurs across all…
External debt service payments amount to $26.3bn in FY 2021/22: CBE
Due instalments reach $21.7bn, interests record $4.6bn
Hisham Ezz Al-Arab returns to CIB as experienced board member
Ezz Al-Arab got approval of Central Bank of Egypt to assume new…
Egypt’s PM transfers burden of cost of 5 low-return initiatives to 3 ministries instead of CBE
The initiatives include real estate financing for low- and middle-income people, support…
Banque du Caire establishes Cairo Exchange with authorized capital of EGP 250m
It comes within bank's role to provide diversified financial services, increase foreign…
MSMEDA allocates EGP 1.2bn to convert 150,000 cars to operate on natural gas
EGP 542m pumped to convert over 77,000 cars over the past eight…
HDB achieves 22.2% growth in net profits to EGP 1.753bn in 9M 2022
Results confirm bank’s success in implementing development strategy to achieve growth in…
Suez Canal Bank net profits jump to EGP 735m in September 2022 with 95% growth
16% growth in total assets to reach EGP 67bn