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
Domestic liquidity in Egypt rises by 14.4% in 8M 2023, driven by money supply, deposits
The Central Bank of Egypt (CBE) reported that the domestic liquidity in…
CBE Governor calls on Chinese banks to enter Egyptian market
Abdalla, Chinese counterpart discuss currency swap agreement to reinforce Egyptian government’s plan…
Egypt’s domestic debt reaches EGP 4.67trn in August 2023
The Ministry of Finance reported that the total amount of local treasury…
Banks’ financial position grows to EGP 13.798trn in 1H 2023, CBE reports
Bank capital reaches EGP 323.776bn, reserves EGP 492.386bn, provisions EGP 305.455bn
CBE to decide on interest rate on Thursday amid high inflation
CBE expected to keep EGP interest rate unchanged after previous 1% rise…
MSMEDA, Tamweely join forces to support micro-projects in desert villages
About 6,000 people in 30 desert villages will benefit from new cooperation
MSMEDA, KfW sign €12m agreement to support green economy
The Micro, Small and Medium Enterprise Development Agency (MSMEDA) and the KfW…
Banks operating in Egypt record EGP 126.9bn of net profits in 1H 2023
The banks operating in the Egyptian market achieved a net profit of…