Annual urban inflation remains stable at 26.5% in October: CBE
Egypt’s annual urban headline inflation remained broadly stable for the third consecutive…
MIDBANK offers over EGP 2bn in syndicated facility to four mega projects
MIDBANK has announced its participation in a syndicated facility to finance several…
HDB achieves independent profits of EGP 12.275bn in September, with 76.8% growth
Housing and Development Bank (HDB) has cemented its leading position as one…
Banque du Caire offers EGP 10bn syndicated medium-term facility to Misr Petroleum
Banque du Caire, the National Bank of Egypt (NBE), and seven other…
Suez Canal Bank’s net profits grow 130% to EGP 3.1bn in September 2024
Akef El Maghraby, CEO and Managing Director of Suez Canal Bank, has…
CBE secures top places at 12th Regional Cybersecurity Competition
The Egyptian Computing Incident Response Team (EG-CIRT) and the Computing Incident Response…
United Bank sets indicative price range for IPO at EGP 12.7-15.6 per share
The United Bank has set the indicative price range for its initial…
65.5% increase in Egyptian remittances during August: CBE
Remittances from Egyptians working abroad surged by 65.5% in August 2024, reaching…
CBE receives $1.739bn in bids for US dollar-denominated T-bills auction
The Central Bank of Egypt (CBE) received 30 bids totalling $1.739bn to…
MSMEDA, World Bank partner to upgrade Egyptian entrepreneurship eco-system: Rahmy
Bassel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency…