ABE’s crop loan portfolio reaches EGP 25.6bn in September 2024
Sami Abdelsadek, Acting Chairperson of the Agricultural Bank of Egypt (ABE), announced…
CBE extends inflation target horizon to Q4 2026 at 7% (± 2%), Q4 2028 at 5% (± 2%)
The Central Bank of Egypt (CBE) has decided to extend its inflation…
CBE expected to keep interest rates unchanged for sixth consecutive meeting
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…
CIB leads syndicated loan of EGP 9bn for Madinet Masr in partnership with 6 banks
The Commercial International Bank—Egypt (CIB), acting as the lead arranger and financier,…
Banks in Egypt report EGP 426.911bn in net profits for 9M 2024
The Central Bank of Egypt (CBE) has announced that banks operating in…
Egyptian banking alliance grants EGP 4.235bn to Al-Zahi Group for development projects
Three leading Egyptian banks—the National Bank of Egypt (NBE), Banque Misr, and…
Microfinance reaches EGP 95.5bn for 4.5 million clients in September: Zulficar
Mona Zulficar, Chairperson of the Egyptian Medium, Small and Micro-Enterprise Finance Federation,…
CBE reports increase in foreign assets surplus to $11.8bn in November 2024
The Central Bank of Egypt (CBE) announced a net foreign assets surplus…
CBE reports decline in annual core inflation to 23.7% in November
The Central Bank of Egypt (CBE) has reported a slight decrease in…
Egypt’s annual urban inflation slows to 25.5% in November 2024
Egypt’s annual urban inflation rate eased to 25.5% in November 2024, down…