Banks provide EGP 4bn in indirect financing for Decent Life initiative in six months
The Central Bank of Egypt (CBE) reported that banks operating in the…
CBE eases banking access for illiterate, elderly customers
Facilities include accepting fingerprints as alternatives to signature
Al Tadamun Microfinance Foundation gets EGP 120m credit facility from First Abu Dhabi Bank Egypt
Al Tadamun Microfinance Foundation, a leading provider of microfinance for women entrepreneurs,…
CBE opens door for establishment of green banks in Egypt
The Central Bank of Egypt (CBE) has announced that it will allow…
CBE assets soar by 50% in one year to EGP 4.480trn
Bank’s contributions to capital of international financial organisations increased to EGP 19.378bn,
CBE forms work committees to study launching digital currency
The Central Bank of Egypt (CBE) has announced that it has formed…
Finance Ministry to borrow EGP 340bn from local market in September
The Finance Ministry announced its plan to issue 24 treasury bills (T-bills)…
MSMEDA finances 302,000 projects with EGP 8.9bn in 18 months
The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) provided financial and…
Parliament abolishes old laws on 3 banks, subjects them to new banking law
The House of Representatives has passed Law No. 170 of 2023, which…
Egypt’s unemployment inches down to 7% in 2Q 2023: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) has announced a…