HDB reports EGP 4.82bn net profit in Q1 2025, launching new strategy with strong momentum
The Housing and Development Bank (HDB) has kicked off its 2025–2030 strategic…
Egyptian expat remittances surge to $32.6bn after March 2024 reforms: CBE
The Central Bank of Egypt (CBE) announced on Monday that remittances from…
Domestic liquidity in Egypt’s banking sector rises to EGP 12.566trn in March 2025
Domestic liquidity in Egypt’s banking sector climbed to EGP 12.566trn in March…
Gold surge adds nearly $3bn to Egypt’s international reserves in early 2025
The value of gold in Egypt’s international reserves rose sharply by approximately…
Annual urban inflation in Egypt rises to 13.9% in April
Egypt’s annual urban inflation rate rose to 13.9% in April 2025, compared…
Finance Ministry to launch 31 T-bill auctions worth EGP 682bn in May
The Ministry of Finance is set to conduct 31 treasury bill (T-bill)…
Banking leaders underscore crucial role of public-private partnerships in advancing development
Senior leaders from Egypt’s banking sector have reiterated the vital importance of…
CBE receives $1.17bn in bids for dollar-denominated T-bills auction
The Central Bank of Egypt (CBE) attracted bids totaling $1.17bn in its…
Non-banking finance for MSMEs reaches EGP 83.319bn in February 2025: FRA
The Financial Regulatory Authority (FRA) announced that the volume of non-banking finance…
CBE to offer $950m dollar-denominated T-Bill tender to cover previous maturity
The Central Bank of Egypt (CBE) will offer a one-year Treasury bill…