MSMEDA pumps EGP 14.2m into 349 small, micro enterprises in Gharbeya
These achievements are a continuation of the efforts made in the initiative…
$222m increase in Egypt’s FX reserves during November 2021: CBE
Gold reserves also grow by $5m, while SDRs decline $197m
CBE signs protocol to link ‘Nafeza’ customs platform with banking system
This step is in line with the state's direction to implement the…
CBE receives 24 bids worth $1.15bn for T-bills tender denominated in US currency
The proceeds of this tender will be directed to pay for a…
Egypt’s external debt increases to $137.9bn in June 2021: Central Bank
Long-term debt ($124.2bn) accounts for 90.1% of total external debt, whereas short-term…
Non-governmental deposits in local currency with banks up to EGP 4.308trn in October 2021
The Central Bank of Egypt revealed that demand deposits in local currency…
Egyptian businesses predict double-digit revenue growth: HSBC
83% of businesses expect profitability to grow in next 12 months
NBE launches ‘B2B’ e-payment service for corporates
Bank aims to expand e-payments in line with Central Bank’s direction towards…
CBE launches EGP 5.5bn initiative to finance transition to modern irrigation
Initiative targets switching 4 million feddan to modern irrigation through loans from…
MSMEDA injects EGP 106m into 3,705 small, micro enterprises
The fourth area at MSMEDA operates in the governorates of Alexandria, Kafr…