Banks’ commitment to foreign currency requirements for import
Through its distinguished monetary policy and wise decisions, the Central Bank of…
Agricultural Bank’s loan portfolio increases to EGP 80.3bn in Q3 2024
The Agricultural Bank of Egypt (ABE) concluded the third quarter (Q3) of…
CBE welcomes Zambia, Eswatini delegations to share experiences on MSME finance
Within the context of Egypt's commitment to enhancing cooperation with African countries…
Banking sector’s net foreign assets record $10.3bn surplus in September: CBE
The Central Bank of Egypt (CBE) revealed that the net foreign assets…
United Bank to offer 30% on EGX in Q4
United Bank will offer 30% of its shares on the Egyptian Exchange…
Consortium of Egyptian banks provides EGP 18bn loan to Telecom Egypt
A consortium of 13 Egyptian banks has provided Telecom Egypt, the country's…
EGX mandates United Bank to complete offering within six months of listing
The Securities Listing Committee of the Egyptian Exchange (EGX) has mandated that…
Can Egypt negotiate changes to its IMF deal?
Since President Abdel Fattah Al-Sisi asked the government to review Egypt's agreement…
CIB signs credit facility to finance Flex Asepto Egypt
The Commercial International Bank (CIB) announced signing a credit facility contract with…
Industry accounts for 57% of bank loans in March: CBE
The industrial sector accounted for 57% of the banking sector's loans, amounting…