CBE signs protocol to link ‘Nafeza’ customs platform with banking system
This step is in line with the state's direction to implement the…
CBE receives 24 bids worth $1.15bn for T-bills tender denominated in US currency
The proceeds of this tender will be directed to pay for a…
Egypt’s external debt increases to $137.9bn in June 2021: Central Bank
Long-term debt ($124.2bn) accounts for 90.1% of total external debt, whereas short-term…
Non-governmental deposits in local currency with banks up to EGP 4.308trn in October 2021
The Central Bank of Egypt revealed that demand deposits in local currency…
Egyptian businesses predict double-digit revenue growth: HSBC
83% of businesses expect profitability to grow in next 12 months
NBE launches ‘B2B’ e-payment service for corporates
Bank aims to expand e-payments in line with Central Bank’s direction towards…
CBE launches EGP 5.5bn initiative to finance transition to modern irrigation
Initiative targets switching 4 million feddan to modern irrigation through loans from…
MSMEDA injects EGP 106m into 3,705 small, micro enterprises
The fourth area at MSMEDA operates in the governorates of Alexandria, Kafr…
Islamic banking in Egypt valued at EGP 407bn in September 2021
Faisal Islamic Bank of Egypt in first place with turnover of EGP…
CBE’s decision to increase women representation on bank boards is highly praised
Decision comes within permanent efforts of CBE to empower women economically, show…