Local liquidity in Egyptian banking sector rises to EGP 12.684trn in April: CBE
The Central Bank of Egypt (CBE) reported a rise in local liquidity…
Islamic banking in Egypt surges to EGP 1.08trn in March 2025
The volume of Islamic banking in Egypt reached EGP 1.079trn in March…
ETA pledges to remove obstacles facing industry to maximize benefits of new incentives
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), affirmed the…
Finance Ministry to issue EGP 728bn in treasury auctions in June
The Ministry of Finance is set to offer 34 treasury bill (T-bill)…
Non-banking finance for MSMEs rises to EGP 84.6bn in March, marking EGP 21.8bn annual growth
The Financial Regulatory Authority (FRA) announced that the total volume of non-banking…
Banks inject EGP 82.1bn into low-income mortgage initiative until April 2025
The Social Housing and Mortgage Finance Fund (SHMFF) has announced that banks…
Private sector lending rises 10.1% in Q1 2025 as inflation eases: CBE
The Central Bank of Egypt (CBE) has announced that local currency loans…
NBE, Banque Misr cut EGP savings rates by 1%, halt USD certificates with local currency payouts
The National Bank of Egypt (NBE) and Banque Misr announced interest rate…
Market eyes effects of 1% interest rate cut on savings, loans, and debt securities
The market is gearing up for the reopening of banks tomorrow, Sunday,…
Banque Misr, ADCB arrange EGP 1.3bn syndicated loan for Palm Hills’ Casa Cook hotel project
A banking consortium led by Banque Misr, in cooperation with Abu Dhabi…