Annual urban inflation rises to 26.4% in September
The Central Agency for Public Mobilization and Statistics (CAPMAS) revealed that the…
FRA reveals size of non-banking financing in July 2024
The Financial Regulatory Authority (FRA) has disclosed the total volume of non-banking…
Post for Investment, AXA launch Egypt’s first microinsurance company
Post for Investment, the investment arm of Egypt Post, and AXA Egypt…
Egyptian banking sector shows strong financial indicators, surpassing regulatory benchmarks: CBE
A financial stability report issued by the Central Bank of Egypt revealed…
EBI highlights strong achievements in FY 2023/24, expanding reach across Africa
The Egyptian Banking Institute (EBI), the official training arm of the Central…
CBE reports $9.7bn BoP surplus for FY 2023/24
Despite the current economic and political challenges on the global front, the…
Al Tadamun for Microfinance signs EGP 100m deal with Agricultural Bank of Egypt
Al Tadamun for Microfinance, a leading institution in financing women’s micro-enterprises, has…
Islamic banking in Egyptian market hits EGP 737bn in June 2024
A recent report by the Egyptian Islamic Finance Association (EIFA) highlights the…
Financial position of banks operating in Egypt soars to EGP 19.336trn in mid-2024: CBE
The Central Bank of Egypt (CBE) has reported a significant rise in…
CBE to list stake in United Bank on EGX by Q1 2025
The Central Bank of Egypt (CBE) has announced plans to offer a…