CBE explains decline in inflation during December 2024
Annual urban headline inflation decreased to 24.1% in December 2024, down from…
CBE reveals developments in Egypt’s external debt as of June 2024
Egypt’s external debt reached $152.9bn in June 2024, marking a decrease of…
Egypt’s foreign trade surpasses $104.7bn in FY 2023/24: CBE
Egypt's foreign trade reached approximately $104.7bn in the fiscal year 2023/2024, as…
Egypt’s gold reserves rise by $2.2bn in 2024
The Central Bank of Egypt (CBE) has reported a $2.2bn increase in…
Egypt’s external debt decreases by $11.8bn in FY24: CBE
The Central Bank of Egypt (CBE) has reported a significant decrease in…
Banque Misr, Suez Canal Bank, and Al Baraka alliance secures $108m financing for MAFI
A banking alliance led by Banque Misr, alongside Suez Canal Bank and…
MSMEDA signs 41 contracts worth EGP 900 Million to support microfinance in 2024
The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has successfully achieved…
Egypt’s banking sector records $5.95bn net foreign asset surplus in November 2024
The Central Bank of Egypt (CBE) announced that the banking sector’s net…
Local liquidity in Egypt’s banking sector increases by EGP 2.46trn in 11M 2024
Egypt’s banking sector saw a significant increase in local liquidity, rising to…
Financial position of banks in Egypt surpasses EGP 21.187trn in September 2024: CBE
The Central Bank of Egypt (CBE) has announced that the total financial…