Banks operating in Egyptian market achieve net profits worth EGP 289.409bn in H1 2024: CBE
The Central Bank of Egypt reported that banks operating in the Egyptian…
NBE, Banque Misr restructure their boards
Egypt’s Prime Minister Mostafa Madbouly issued a decree restructuring the boards of…
Banque Misr achieves pre-tax profits of EGP 80.9bn in 2023
Banque Misr's general assembly approved last Thursday the financial statements for the…
NBE reports EGP 126bn in pre-tax profits for 2023
The National Bank of Egypt (NBE) held its general assembly last Thursday…
CBE participates in ‘New Beginning for Human Development’ initiative
The Central Bank of Egypt (CBE) has participated in financing and implementing…
CBE pays $23.8bn in foreign debt service over 9 months
The Central Bank of Egypt (CBE) revealed Wednesday that Egypt paid $23.8bn…
CBE explains August’s inflation rise after 5-month decline
Egypt’s annual urban headline inflation ticked up to 26.2% in August 2024,…
AfDB approves $6.6m grant to strengthen Somalia’s financial sector
The African Development Bank Group (AfDB) has approved a $6.6m grant to…
CIB announces new leadership: Ezz Al-Arab as CEO, Sabbour as 1st female chair
The Commercial International Bank - Egypt (CIB) has appointed Hisham Ezz Al-Arab…
CBE’s net foreign assets record $10.3bn surplus in August
The Central Bank of Egypt's net foreign assets (NFA) achieved a surplus…