New CBE regulations to facilitate credit card use for Egyptians traveling abroad
Cards were misused through cash withdrawals from abroad without individuals actually traveling
ABE reveals key features of bank’s financing structure until end of September 2023
Bank injected EGP 45.025bn worth of financing to SMES, accounting for 64%…
Egyptian government plans to borrow EGP 1.263tn from local market in Q2 FY 2023/24
Ministry of Finance aims to offer 52 T-bond bids worth EGP 1.186tn,…
CBE, EU, and GIZ complete project to boost financial inclusion, banking supervision in Egypt
The joint technical assistance project “Strengthening Financial Inclusion and Banking Supervision in…
CBE approves Amr El Ganainy as CIB Deputy CEO, Managing Director
El Ganainy has over 35 years of banking experience
Core inflation slows down for third month in a row: CBE
The Central Bank of Egypt (CBE) announced that its core inflation rate,…
AXA Egypt aims for 20% annual growth in profits, premiums for next three years
Company has 10% market share in life, property insurance: Group CEO
Financial inclusion in Egypt grows by 160.8% in seven years: CBE
Sherif Lokman, Sub Governor of the Central Bank of Egypt (CBE) for…
MID Takseet for consumer financing organizes roundtable to showcase its achievements, goals
MID Takseet, a consumer financing company owned by MIDBANK, held a roundtable…
Egypt’s external debt rises to $165.3bn in March 2023: CBE
Long-term debt accounted for $136.4bn, whereas short-term debt accounted for $28.9bn