Multilateral banks laud Egypt’s Climate Finance Platform at COP29
Twelve multilateral development banks issued a joint statement at COP29 in Azerbaijan…
Kredit secures EGP 875m in facilities from 9 banks, financial institutions
Kredit, a subsidiary of GB Capital for project financing, announced it has…
Banks’ commitment to foreign currency requirements for import
Through its distinguished monetary policy and wise decisions, the Central Bank of…
Egyptian government plans to borrow EGP 1.293trn from domestic market
The Egyptian government plans to borrow EGP 1.293trn from the domestic market…
CBE withdraws EGP 1.24trn from 24 banks in open market operation at 27.75%
The Central Bank of Egypt (CBE) withdrew EGP 1.24tn from 24 banks…
Egypt’s external debt falls to $152.9bn in June
Egypt's external debt decreased to $152.9bn by the end of June 2024,…
Banks, mortgage finance companies pump EGP 75.6bn into low-income initiative in September
Banks and finance companies participating in the mortgage finance initiative for low-income…
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…
Banks, companies offer EGP 73.09bn under ‘Affordable Housing Initiative’ until August
Banks and mortgage companies participating in the Affordable Housing Initiative have provided…
Egypt’s economy shows signs of recovery despite challenges: IMF
Egypt's economy is showing signs of recovery following a difficult period marked…