EGP 516.9bn increase in non-governmental bank deposits in local currency within 6 months: CBE
Non-governmental bank deposits in local currency reach EGP 4.986trn in June 2022
Egypt’s Finance Ministry plans to issue 35 bids for treasury bills and bonds worth EGP 315.5bn in August
The ministry is offering 20 bills bids worth EGP 264bn and 15…
Major leap in performance of Agricultural Bank of Egypt by end of 1H 2022
More than EGP 60bn in loans, and the deposit portfolio jumped to…
2.8% increase in foreigners with work permits in Egypt’s private, investment sectors in 2021
The number of foreigners who have a permit to work in Egypt’s…
NBE, BM achieve profits of EGP 102.6bn before taxes within 18 months
The statements also indicated that NBE achieved net profits after taxes of…
Egyptian market awaits CBE’s decision on interest rates after latest move by US Federal Reserve
MPC to hold its regular meeting on 18 August to discuss future…
Bank of England, CBE team up to fight climate crisis
As part of a technical cooperation scheme funded by the British government,…
MSMEDA finances 3,000 small and micro projects at a value of EGP 105.3m in Alexandria in 1H 2022
It is also providing pilot feasibility studies in multiple sectors to help…
CIB records EGP 3.51bn in consolidated net income in 2Q 2022
“The CIB concluded the first half (1H) of 2022 with remarkable performance,…