Latest Banking News
CIB arranges EGP 7bn syndicated loan for Ora Developers Egypt
The Commercial International Bank (CIB) – Egypt has arranged a syndicated loan…
CBE hosts first Egypt Fraud Combating Forum
The Central Bank of Egypt (CBE), in collaboration with Visa, hosted the…
CBE expects significant inflation decline in early 2025
The Central Bank of Egypt (CBE) has projected a significant decrease in…
Egyptian banking sector’s financial position surges to EGP 18.387trn in April 2024: CBE
The Central Bank of Egypt (CBE) has revealed a surge in the…
CBE to decide on interest rate today amid expectations of third consecutive hold
The Central Bank of Egypt (CBE) will determine on Thursday, the fate…
Banque du Caire, Beltone sign agreement for external portfolio management
Banque du Caire has signed an agreement with Beltone Asset Management, a…
Al-Mashat, World Bank discuss expanding partnership
Egypt's Minister of Planning, Economic Development and International Cooperation, Rania A. Al-Mashat,…
Egypt to launch first digital bank by Q4 2024 following CBE’s approval
The Information and Decision Support Center (IDSC) of the Egyptian Cabinet has…
Egyptian banking sector records $13.25bn NFA surplus in July, marking continued growth
The Central Bank of Egypt (CBE) announced that the net foreign assets…
ADCB Egypt achieves net profit of EGP 2.138bn in H1 2024
ADCB Egypt announced its financial results for the first half of 2024,…