IFC partners with Egypt’s CIB in managing climate risk, boosting sustainability
In a Wednesday press statement, the IFC said that the advisory project…
MSMEDA implements comprehensive strategy for digital transformation: Rahmi
Rahmi said that the state is striving to push the growth rates…
CIB general assembly approves issuance of financial instruments worth $1bn
To support bank's capital base to finance future expansion or investment activities,…
HDB allocates EGP 3.85bn to sustainable financing in 2022: Chairperson
Sustainable financing accounts for 27% of total financing to major companies, syndicated…
Cooperation between MSMEDA, JICA to boost competitiveness of MSMEs
MSMEDA cooperates with various international, donor agencies to provide support for MSME…
ABE expands banking services in South Sinai, opens newest branch in Sharm El-Sheikh
New branch opening comes within bank’s framework to expand branch network, provide…
Small enterprises contribute 43% to GDP, account for over 75% of employment: MSMEDA
MSMEDA starts Murabaha financing in 2014, it amounts to EGP 1.2bn now
CBE reveals reasons for inflation increase in February 2022
Annual headline inflation in February 2023 continued to be primarily driven by…
Net profits of banks operating in Egyptian market increase to EGP 130.844bn in 2022: CBE
Top 10 banks account for about 77.59% of total profits of banks
CBE approves rules governing payment card service codes
Rules require banks to abide by Anti-Money Laundering Law