Egyptian banking sector’s financial position surges to EGP 18.387trn in April 2024: CBE
The Central Bank of Egypt (CBE) has revealed a surge in the…
CBE to decide on interest rate today amid expectations of third consecutive hold
The Central Bank of Egypt (CBE) will determine on Thursday, the fate…
Egypt to launch first digital bank by Q4 2024 following CBE’s approval
The Information and Decision Support Center (IDSC) of the Egyptian Cabinet has…
Ministry of Finance to issue EGP 506.5bn in T-bills, bonds in September
The Egyptian Ministry of Finance plans to issue 26 treasury bills and…
Egyptian banking sector records $13.25bn NFA surplus in July, marking continued growth
The Central Bank of Egypt (CBE) announced that the net foreign assets…
CBE reports first profit in seven years, EGP 22.834bn in June 2024
The Central Bank of Egypt (CBE) has announced a net profit of…
Banque du Caire achieves 120% surge in net profits surpassing EGP 5.7bn for H1 2024
Banque du Caire has reported a remarkable 120% increase in net profits,…
Egypt’s external debt declines to $160.6bn in Q1 2024
Egypt's external debt registered $160.6bn at the end of March 2024, a…
Favourable base effects, declining food prices drive down Egypt’s inflation: CBE
Egypt's annual urban headline inflation rate declined for the fifth consecutive month…
President extends term of Central Bank of Egypt Governor for another year
President Abdel Fattah Al-Sisi has extended the term of Hassan Abdalla as…