CBE, FRA call on financial agencies to improve microfinance services
This is due to the initiative adopted by the Federation of Egyptian…
Urban inflation rises to 5.9% in December 2021: CAPMAS
Monthly core inflation records 0.2% in December 2021: CBE
ADIB Egypt raises capital of its consumer finance company to EGP 30m
New company allow customers to purchase products, services with Sharia-compliant financing
NBE manages 51 financing deals worth over EGP 235bn in 2021
Bank ranks first in Egyptian, African banking markets as financing agent, main…
Egypt’s net international reserves increase to $40.93bn in 2021 despite COVID-19 repercussions
Net international reserves up by $872m in 2021 from $40.062bn in 2020
CBE approves launch of e-portal for smartphone wallet management
There are over 25 million e-wallets now in Egypt, with 27% growth…
CBE receives 33 bids worth $1.037bn for T-bills issuance denominated in US currency
The Central Bank of Egypt (CBE) received 33 bids from local and…
9 banks participate in securitization bonds issuance worth EGP 2.4bn for CorpLease: Misr Capital
The issuance comes in four tranches, the first with a value of…
Agricultural Bank of Egypt offers EGP 14.2bn loans for Upper Egypt development projects
Bank’s loan portfolio to finance agriculture production in Upper Egypt reaches EGP…
MSMEDA pumps EGP 6.2bn to finance 178k projects in 11M 2021: Trade Minister
Gamea indicated that the agency is now working, in cooperation with various…