Small enterprises contribute 43% to GDP, account for over 75% of employment: MSMEDA
MSMEDA starts Murabaha financing in 2014, it amounts to EGP 1.2bn now
CBE reveals reasons for inflation increase in February 2022
Annual headline inflation in February 2023 continued to be primarily driven by…
Net profits of banks operating in Egyptian market increase to EGP 130.844bn in 2022: CBE
Top 10 banks account for about 77.59% of total profits of banks
CBE approves rules governing payment card service codes
Rules require banks to abide by Anti-Money Laundering Law
22 banks offer EGP 54.3bn in mortgage finance for low-income housing in February 2023
NBE provides EGP 15.464bn in mortgage finance to 133,864 customers, accounting for…
Financial position of banks in Egypt breaks EGP 12trn barrier in November 2022: CBE
Bank deposits reach EGP 8.373trn with 28.99% growth, credit facilities increase to…
CBE increases maximum limit of transactions via InstaPay
App conducts nearly 16 million transactions, with total value of EGP 80bn
CBE issues regulations for initiative to support production sectors
Initiative allocates EGP 150bn to finance industry, agriculture at 11% interest
MSMEDA finances women with EGP 13.4bn over 8 years: CEO
Agency continues to provide support for women to maximize their role in…
CBE strengthens cooperation with Jordan in e-payment, fintech
Step takes place within framework of keenness to reinforce cooperation between two…