Egyptian pound continues upmove against US dollar on increased FX inflows
Egypt buoyed up by recent IMF’s, international market’s cash injections estimated at…
Banks in Egypt hedge against COVID-19 despite Q1 profit decline
Daily News Egypt monitors profit decline of 12 banks out of 16…
US dollar depreciates by 19 piasters against Egyptian pound last week
Egypt’s import bill has generally decreased, on back of commensurate decrease in…
Mashreq Bank Egypt appoints Haitham Hammad as Executive VP
Hammad will also be responsible for managing standard customer experience and quality…
Egypt’s annual urban inflation rises to 5.6% in June: CAPMAS
The agency added, in its monthly inflation report, that the whole country’s…
HSBC Egypt appoints Todd Wilcox as Deputy Chairperson, CEO
Wilcox’s appointment was made with effect from 1 July, following the receipt…
NBE attracts 2 million subscribers to Meeza card service
About EGP 2bn in transactions undertaken using Meeza cards was in purchases…
Egypt’s net international reserves up $2.2bn in June to $38.201bn: CBE
Egypt's international reserves consist of foreign currencies, gold, special drawing rights (SDR),…
Egypt banks see EGP 62bn increase in local currency deposits in May
NFA surplus with banks, CBE records about $5.3bn increase
CIB Egypt reserves hotel floor as quarantine for employees if needed
Bank adheres to state precautionary measures from the very beginning to prevent…