NBE, Banque Misr raise EGP 565bn from high-interest certificates in one month
The National Bank of Egypt (NBE) and Banque Misr have raised EGP…
Local liquidity in Egyptian banking sector grows by EGP 1.5trn in 2023
The Egyptian banking sector saw an increase of EGP 1.475trn in domestic…
Abu Dhabi Islamic Bank leads EGP 5.5bn financing deal for Giza Systems, VAS Integrated Solutions
Deal represents first dual-structured financing compatible with Islamic Sharia in Egypt in…
CBE raises interest rates to curb inflation amid financial control measures
The Central Bank of Egypt (CBE) anticipates persistent inflationary pressures in the…
EGX posts strong gains in January after presidential elections
The Egyptian Exchange (EGX) witnessed significant gains in January, boosted by strong…
EGX announces changes in market indices after semi-annual review
The Egyptian Exchange (EGX) has announced the results of its semi-annual review…
EverGrow launches promotional plan for Q1 2024, joining major fertilizer events worldwide
EverGrow, a leading player in the specialized fertilizer industry in Egypt and…
Egypt’s Importers Division calls for full exchange rate liberalization, unlimited foreign currency deposits
The Importers Division at the Cairo Chamber of Commerce, led by Emad…
Banks to review interest rates on savings, loans after CBE’s 2% rate hike
The Assets and Liabilities Committees (ALCO), which are in charge of setting…
CBE to launch $1bn tender for local treasury bills in US currency
The Central Bank of Egypt (CBE) will launch a tender for local…