NBE, BM, Banque du Caire to cover tourism companies’ expenses for Hajj
The National Bank of Egypt, Banque Misr, and Banque du Caire officials…
Total bank credit facilities increase by EGP 60.5bn in 7 months
Private business sector accounts for 61.3% of total facilities, notably industrial field,…
181.6 % increase in Egyptian cotton exports in Q2 2017/2018
The Central Agency for Public Mobilisation and Statistics (CAPMAS) issued its quarterly…
Parliament committee recommends removing MP Khaled Bishr over EGP 45m dishonoured cheques to UBE
Parliament’s legislative and constitutional affairs committee, headed by Bahaa Abu Shoqa, concluded…
FX reserves continue north, scoring $44.14bn end-May
The foreign exchange (FX) reserves balance at the Central Bank of Egypt…
Trade exchange between Egypt, world at $42.86bn from July-December 2017: CBE
Imports at $30.8bn, exports score $12.05bn in last 6 months of 2017
Deposits up EGP 65bn, loans rise EGP 23bn in January 2018: CBE
The volume of deposits at banks operating in the domestic market jumped…
HDB targets EGP 8.82bn in deposits, EGP 3.7bn loans portfolio by end-2018
Bank aims to increase profits by 50% to EGP 1.5bn
CBE studying Swedish experience in becoming cashless society
Intensive meetings with Swedish central bank fintech experts, startups, payment service providers…
IDWBE aims to close deferred loss file this year
We aim to achieve profits of EGP 1.5bn by end-2018, says Fahmy