Egypt’s external debt increases to $129.2bn in 2020: CBE
Short-term debt decreases to 9.2% of total external debt in 2020
National Bank of Egypt, Banque Misr lead coalition to provide EGP 10bn finance to SCZone
Funding will be directed to development of infrastructure, facilities in industrial zones,…
New SMEs law enters into effect after executive regulations issued
Trade Minister Nevine Gamea invites SME owners to obtain project classification certificate…
Egypt sees remittances rise by $1.7bn between July 2020 – January 2021: CBE
Increase sees remittances increase to about $18.1bn in January 2021
NBE’s Tamkeen for microfinance begins activities in Upper Egypt
Company plans to acquire number of fintech, non-banking service companies during next…
Banks in Egypt increase capital to comply with new banking law
Law stipulates minimum capital of EGP 5bn for banks operating in Egyptian…
Egypt’s annual urban inflation records 4.5% in March 2021: CAPMAS
Annual inflation for entire country records 4.8% for March 2021
Egypt provides electronic channels for pension disbursement
Move supports state's direction to transform into cashless society, increase use of…
Banks in Egypt see EGP 50.921bn increase in net foreign assets in February 2021: CBE
Proceeds of saving certificates, deposits in local currency rise by EGP 76.77bn…
CBE, Supply Ministry sign finance agreement to develop bakeries through banks
Agreement comes as part of Presidential directives to maximise use of Egypt’s…