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…
Al-Mashat, Kouchouk review efforts to resolve financial entanglements between NIB, Egypt Post
Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, and…
Banks, companies offer EGP 73.09bn under ‘Affordable Housing Initiative’ until August
Banks and mortgage companies participating in the Affordable Housing Initiative have provided…
Egyptian remittances increase 32.4% to $15.5bn in 7M 2024: CBE
The Central Bank of Egypt (CBE) revealed that Egyptian expatriates’ remittances increased…
CIB arranges EGP 7bn syndicated loan for Ora Developers Egypt
The Commercial International Bank (CIB) – Egypt has arranged a syndicated loan…