CBE sets new inflation target until 2026
4Q 2024 inflation target stands at 7% (±2%), 5% (±2%) in 4Q…
Egypt’s Central Bank to decide on EGP’s interest in the last MPC meeting of 2022
The basic interest rate has been raised by 5% in 2022
CBE pushes for sustainable financing in banking sector
100% of Egyptian banks measure carbon footprint of their internal activities: CBE
CBE throws light on Egypt’s high inflation in November 2022
November’s high inflation was mainly caused by 27 October currency devaluation, continued…
CBE reveals top indicators of financial safety for banks by end of 3Q 2022
EGP 93.4bn in net profits, top 10 accounted for 78.29%
MSMEDA, EU, AFD cooperate to develop informal settlements
Gamea praised the continuous cooperation between MSMEDA and the Ministry of International…
EGP 14.596bn increase in the value of CBE’s gold balances by end of November 2022
According to the financial statements of the CBE, the bank’s total assets…
Egypt-US trade exchange increases to $7.3bn in 9M 2022: CAPMAS
US investments in Egypt amount to $9.2bn in 2020/21
Net profits of banks operating in Egypt reach EGP 93.4bn in September 2022
Net revenue of banks operating in Egypt amounts to EGP 225.807bn
Al Tadamun Microfinance obtains EGP 100m from AAIB to support micro-enterprises
The two parties stressed that the signing of this agreement comes within…