MSMEDA injected EGP 2bn to finance 83,000 micro-projects in 1H 2022
52% of the funds were directed to women-owned projects and 59% went…
Egypt’s net international reserves decline to $33.143bn in July 2022: CBE
$253m decrease in gold reserves, while SDRs increases to $232m
Egypt’s current account deficit remains almost unchanged at $13.6bn in July/March FY 2021/22: CBE
Egypt's balance of payments records $7.3bn overall deficit in 9M of FY…
7,000 projects formalised since issuance of Enterprise Development Law: MSMEDA
Furthermore, it said that it is working in cooperation with various state…
EGP 516.9bn increase in non-governmental bank deposits in local currency within 6 months: CBE
Non-governmental bank deposits in local currency reach EGP 4.986trn in June 2022
Egypt’s Finance Ministry plans to issue 35 bids for treasury bills and bonds worth EGP 315.5bn in August
The ministry is offering 20 bills bids worth EGP 264bn and 15…
Major leap in performance of Agricultural Bank of Egypt by end of 1H 2022
More than EGP 60bn in loans, and the deposit portfolio jumped to…
2.8% increase in foreigners with work permits in Egypt’s private, investment sectors in 2021
The number of foreigners who have a permit to work in Egypt’s…
NBE, BM achieve profits of EGP 102.6bn before taxes within 18 months
The statements also indicated that NBE achieved net profits after taxes of…
Egyptian market awaits CBE’s decision on interest rates after latest move by US Federal Reserve
MPC to hold its regular meeting on 18 August to discuss future…