Month: March 2024

Gold prices in Egypt soar by 10.8%, 21k-gram jumps by EGP 355

Gold prices in Egypt had a positive week, boosted by major changes…

Daily News Egypt

FABMISR inaugurates new branch in Banha with innovative banking solutions for Local Community

As part of its branch network expansion across Egypt, First Abu Dhabi…

Daily News Egypt

Consumer finance companies adjust pricing plans in response to higher interest rates

The Central Bank of Egypt’s decision to raise interest rates by 600…

Daily News Egypt

Finance Minister hails Moody’s decision, outlines future plans

Moody’s upgrades its outlook on future of Egyptian economy from negative to…

Hossam Mounir

CBE’s measures are necessary to correct Egypt’s economic path: Finance Minister

Minister of Finance Mohamed Maait stated that the Central Bank’s recent measures,…

Daily News Egypt

Egypt’s policy overhaul sparks hope for economic revival: HSBC’s economist

We leave our end-2024 EGP forecast at 45, see scope for rate…

Daily News Egypt

Domestic liquidity in Egyptian banking sector nears EGP 9bn in January 2024: CBE

Deposits in local currency rise by EGP 120bn to EGP 6.367trn

Hossam Mounir

CBE’s interest rate hike sparks reactions from banks

Limited movement in interest rates after first two days of liberalisation

Hossam Mounir

ADCB – Egypt announces new board of directors for 2028 Vision

Abu Dhabi Commercial Bank – Egypt (ADCB - Egypt) has revealed its…

Daily News Egypt

MSMEDA pumps EGP 15.2bn to finance over 865,000 micro, small enterprise for women: Rahmi

Women’s enterprises in Upper Egypt receive more than half of total funding

Daily News Egypt