Private banks in Egypt achieve record profits in 2024
Private banks operating in the Egyptian market recorded unprecedented profits in 2024,…
Egypt’s banking sector expands sustainable finance initiatives
Egypt’s banking sector, under the leadership of the Central Bank of Egypt…
Saib reports EGP 1.74bn net profits in December 2024, achieving 81% growth
Saib bank concluded 2024 with an exceptional 81% surge in net profits,…
EGP 911.5bn in total financing provided by FRA-regulated entities in 2024: Chairperson
Mohamed Farid, Chairperson of the Financial Regulatory Authority (FRA), unveiled key performance…
HDB doubles net profits to EGP 11bn in 2024, marking 83.1% surge
The Housing and Development Bank (HDB) has reported a substantial increase in…
CBE holds interest rates steady for seventh consecutive time amid inflation risks
The Central Bank of Egypt (CBE) has once again opted to keep…
CBE to hold first policy meeting of 2025 amid diverging interest rate forecasts
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…
Urban inflation hits two-year low at 24% in January: CBE
Egypt’s annual urban headline inflation remained stable at 24% in January 2025,…
Egypt’s net foreign asset surplus reaches $11.99bn in January 2025
The Central Bank of Egypt (CBE) recorded a net foreign asset (NFA)…
ADIB-Egypt’s strategy, future vision to strengthen its market position are on right track: CEO
Abu Dhabi Islamic Bank - Egypt (ADIB-Egypt) is progressing as planned with…