Financial position of banks operating in Egypt surges to EGP 17.8trn in Q1 2024: CBE
The Central Bank of Egypt (CBE) recently disclosed a substantial increase in…
Khaled Gamal appointed as Director of CGG Egypt
CGC Egypt has announced the appointment of Khaled Gamal as the new…
Non-governmental FCDs in Egypt’s banking sector grow $1.2bn in 5M 2024
Deposits increase from $50.4bn in December 2023 to $51.6bn in May 2024
Industrial Development Bank approves EGP 5bn capital increase, boosting Banque Misr’s stake
The General Assembly of the Industrial Development Bank (IDB) has approved an…
Egypt’s external debt declines to $160.607bn in March 2024: CBE
The Central Bank of Egypt (CBE) on Tuesday reported a decrease in…
Banks report strong Q1 2024 profits in Egypt despite economic challenges
Banks' net profits reach EGP 156.223bn in Q1 2024: CBE
MSMEDA finances 2 million micro, small projects with EGP 51.2bn in 10 years
Basel Rahmi, CEO of the Micro, Small and Medium Enterprise Development Agency…
Finance Ministry to launch 6 T-bill, bond auctions of EGP 143bn early July
The Ministry of Finance has announced its intention to issue six auctions…
Banks raise credit card limits, reduce currency management commission by 50%
CIB, NBE at forefront of decision
Islamic banking turnover in Egypt reaches EGP 701bn in March 2024
Faisal Islamic Bank of Egypt ranks first among Islamic banks in Egypt…