Egypt’s annual urban inflation eases to 24% in January
Annual urban inflation in Egypt slowed slightly to 24% in January 2025,…
Foreign asset surplus in Egypt’s banking sector reaches $5.2bn in 2024
The Central Bank of Egypt (CBE) reported that the net foreign assets…
Banque du Caire leads $75m consortium to finance Cheiron Egypt Delta’s gas field development
A banking consortium led by Banque du Caire, alongside Arab International Bank,…
FABMISR’s net profit soars 153% to EGP 26.3bn in 2024
First Abu Dhabi Bank Misr (FABMISR), one of the largest banks operating…
CBE receives 27 offers worth $1.241bn for local treasury bills tender
The Central Bank of Egypt (CBE) received 27 offers amounting to $1.241bn…
CBE to offer a $1bn treasury bill tender on Monday
The Central Bank of Egypt (CBE) will offer a $1bn local treasury…
Finance Ministry to issue 29 T-bills, bonds worth EGP 641bn in February
The Ministry of Finance announced plans to issue 29 treasury bills (T-bills)…
Kuwait Finance House expands into Egypt with Ahli United Bank acquisition
Kuwait Finance House (KFH) has officially launched its operations in Egypt following…
CBE reports $26.3bn in remittances for 11M 2024
The Central Bank of Egypt (CBE) has announced a remarkable rise in…
Bonyan plans IPO on EGX by end-February, targeting EGP 5bn in investments
Bonyan Real Estate Investment executives held a press conference on Tuesday to…