Egypt sees remittances rise by $1.7bn between July 2020 – January 2021: CBE
Increase sees remittances increase to about $18.1bn in January 2021
NBE’s Tamkeen for microfinance begins activities in Upper Egypt
Company plans to acquire number of fintech, non-banking service companies during next…
Banks in Egypt increase capital to comply with new banking law
Law stipulates minimum capital of EGP 5bn for banks operating in Egyptian…
Egypt’s annual urban inflation records 4.5% in March 2021: CAPMAS
Annual inflation for entire country records 4.8% for March 2021
Egypt provides electronic channels for pension disbursement
Move supports state's direction to transform into cashless society, increase use of…
Banks in Egypt see EGP 50.921bn increase in net foreign assets in February 2021: CBE
Proceeds of saving certificates, deposits in local currency rise by EGP 76.77bn…
CBE, Supply Ministry sign finance agreement to develop bakeries through banks
Agreement comes as part of Presidential directives to maximise use of Egypt’s…
Egypt sees 17.9% decrease in trade balance in January 2021
Noting in its Monthly Bulletin of “Foreign Trade Data” for January 2021,…
Egyptian Government eyes borrowing EGP 642.5bn from local market in Q2 2021
Finance Ministry issues 52 tenders for T-bills worth EGP 462bn, 35 bids…
Banque du Caire reports EGP 3.2bn net profit in 2020
Bank overcame challenges of 2020, banking sector one of strongest sectors supporting…