Egyptian businesses predict double-digit revenue growth: HSBC
83% of businesses expect profitability to grow in next 12 months
NBE launches ‘B2B’ e-payment service for corporates
Bank aims to expand e-payments in line with Central Bank’s direction towards…
CBE launches EGP 5.5bn initiative to finance transition to modern irrigation
Initiative targets switching 4 million feddan to modern irrigation through loans from…
MSMEDA injects EGP 106m into 3,705 small, micro enterprises
The fourth area at MSMEDA operates in the governorates of Alexandria, Kafr…
Islamic banking in Egypt valued at EGP 407bn in September 2021
Faisal Islamic Bank of Egypt in first place with turnover of EGP…
CBE’s decision to increase women representation on bank boards is highly praised
Decision comes within permanent efforts of CBE to empower women economically, show…
Egypt’s non-food inflation down to 4% in October 2021, lowest since December 2012
Annual urban inflation declines to 6.3% in October 2021
CBE receives 33 bids worth $1.766bn for T-bills tender
Proceeds of latest tender will be directed to pay for previous one…
Misr Capital completes EGP 749.8m worth securitized bonds issuance for EgyLease
Issuance comes in 4 tranches with maturities ranging from 9 to 60…
CIB co-hosts side event on role of public-private partnerships in climate finance at COP26
State is developing partnerships with private sector to combat effects of climate…