CBE throws light on Egypt’s high inflation in November 2022
November’s high inflation was mainly caused by 27 October currency devaluation, continued…
CBE reveals top indicators of financial safety for banks by end of 3Q 2022
EGP 93.4bn in net profits, top 10 accounted for 78.29%
MSMEDA, EU, AFD cooperate to develop informal settlements
Gamea praised the continuous cooperation between MSMEDA and the Ministry of International…
EGP 14.596bn increase in the value of CBE’s gold balances by end of November 2022
According to the financial statements of the CBE, the bank’s total assets…
Egypt-US trade exchange increases to $7.3bn in 9M 2022: CAPMAS
US investments in Egypt amount to $9.2bn in 2020/21
Net profits of banks operating in Egypt reach EGP 93.4bn in September 2022
Net revenue of banks operating in Egypt amounts to EGP 225.807bn
Al Tadamun Microfinance obtains EGP 100m from AAIB to support micro-enterprises
The two parties stressed that the signing of this agreement comes within…
Banks pump EGP 51bn to 454,000 customers as part of real estate financing initiative for low-income people
Banque Misr came in second place with total financing of EGP 12bn…
alBaraka Capital launches ‘Tanfeez’ company for real estate investment
Company represents new addition to AlBaraka Bank Group, says Hazem Hegazy
Launching the second annual edition of the Impact@Work social entrepreneurship programme
With the sponsorship of Citi Foundation, 54 university teams will compete in…