Egyptian remittances: Cornerstone of economic stability
Remittances from Egyptians working abroad remain one of the most significant and…
Private banks in Egypt achieve record profits in 2024
Private banks operating in the Egyptian market recorded unprecedented profits in 2024,…
CBE hosts Bank of Tanzania delegation to strengthen African financial cooperation
As part of Egypt’s commitment to deepening ties with African nations, the…
CIB successfully closes EGP 7bn Sukuk issuance for “Tasaheel”
The Commercial International Bank (CIB) has successfully completed an EGP 7bn non-sovereign…
Egypt’s banking sector expands sustainable finance initiatives
Egypt’s banking sector, under the leadership of the Central Bank of Egypt…
Saib reports EGP 1.74bn net profits in December 2024, achieving 81% growth
Saib bank concluded 2024 with an exceptional 81% surge in net profits,…
HDB doubles net profits to EGP 11bn in 2024, marking 83.1% surge
The Housing and Development Bank (HDB) has reported a substantial increase in…
CBE holds interest rates steady for seventh consecutive time amid inflation risks
The Central Bank of Egypt (CBE) has once again opted to keep…
CIB reports full-year 2024 consolidated net income of EGP 55.2bn, up 86% YoY
Commercial International Bank (CIB) today announced its fourth-quarter 2024 consolidated net income…
CBE to hold first policy meeting of 2025 amid diverging interest rate forecasts
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…