Central Bank of Egypt to review base rates on Thursday
Strong expectations that CBE will keep base rates unchanged
Egypt’s BOP surplus records $311.4m in 1Q 2021/22
This improvement proved the ability of the Egyptian economy to withstand the…
Non-governmental deposits in local currency rose to EGP 4.469trn in 2021: CBE
The CBE’s monthly data revealed that deposits in “on demand” local currency…
Finance Ministry to issue treasury bills, bonds worth EGP 186bn in February
The financial plan includes issuing 16 treasury bill bids worth EGP 125bn…
Opening Standard Chartered branch in Cairo proves confidence in Egyptian economy, banking sector: Pundits
British bank completes legal, logistical procedures to obtain final licence from CBE…
Egypt-Senegal trade exchange reaches $61.2m in 10M 2021: CAPMAS
Meanwhile, the value of Egyptian imports from Senegal increased to reach $1.8m…
Standard Chartered receives in-principle approval to open branch in Egypt
Move comes in light of resilience, strength of Egyptian economy
Total financial position of banks in Egypt stands at EGP 8.758trn in October 2021
Total bank deposits increase to EGP 6.191trn, credit facilities reach EGP 2.996trn
ADCB Egypt increases its capital to EGP 5bn
Capital increase shows bank’s ambition for growth in Egypt: El Sewerky
Tamer Seif El-Din appointed as CEO and Managing Director of aiBANK
The appointment came after the completion of the acquisition of 76% of…