Banque Misr achieves pre-tax profits of EGP 80.9bn in 2023
Banque Misr's general assembly approved last Thursday the financial statements for the…
NBE reports EGP 126bn in pre-tax profits for 2023
The National Bank of Egypt (NBE) held its general assembly last Thursday…
CBE pays $23.8bn in foreign debt service over 9 months
The Central Bank of Egypt (CBE) revealed Wednesday that Egypt paid $23.8bn…
CBE explains August’s inflation rise after 5-month decline
Egypt’s annual urban headline inflation ticked up to 26.2% in August 2024,…
CIB announces new leadership: Ezz Al-Arab as CEO, Sabbour as 1st female chair
The Commercial International Bank - Egypt (CIB) has appointed Hisham Ezz Al-Arab…
CBE’s net foreign assets record $10.3bn surplus in August
The Central Bank of Egypt's net foreign assets (NFA) achieved a surplus…
Banks, companies offer EGP 73.09bn under ‘Affordable Housing Initiative’ until August
Banks and mortgage companies participating in the Affordable Housing Initiative have provided…
Egypt’s annual urban inflation increases to 26.2% in August
Egypt's Central Agency for Public Mobilization and Statistics (CAPMAS) said on Tuesday…
Egyptian remittances increase 32.4% to $15.5bn in 7M 2024: CBE
The Central Bank of Egypt (CBE) revealed that Egyptian expatriates’ remittances increased…
CBE expects significant inflation decline in early 2025
The Central Bank of Egypt (CBE) has projected a significant decrease in…