The Sovereign Fund of Egypt and EFG Hermes Holding sign agreements for the acquisition of 76% of Arab Investment Bank
Transaction will be capital increase that will raise Bank’s paid-in capital to…
CBE amends 2 initiatives supporting Egypt’s tourism industry
Initiatives aimed at financing replacement, renewal of hotels and transport fleets, payment…
Egypt’s annual headline urban inflation declines to 4.1% in April 2021: CBE
Monthly headline urban inflation registers 0.9% in April 2021
Financial position of banks in Egypt increases to EGP 7.3trn in February: CBE
Foreign investments in Egypt’s T-bills amount to EGP 313.68bn in March 2021
National Bank of Egypt to finance 1.5-million-feddan reclamation project beneficiaries
Bank records EGP 14.6bn in agricultural loans given to 34,000 projects
CIB receives 1st Gender Equity Seal in MENA region, co-chairs Egypt’s Closing Gender Gap Accelerator
The certification is guided by the World Bank’s Gender Equity Model, which…
Egypt sees EGP 104.191bn increase in local currency bank deposits during March 2021: CBE
Foreign currency deposits see stability, while volume of foreign assets at CBE…
CBE to review interest rates amid strong expectations of no change
Bank maintains, on 18 March, its basic interest rates for third consecutive…
Egypt’s external debt up $1.8bn to $125.3bn in September 2020: CBE
Long-term debt accounts for 90.2% or $113.0bn of total external debt
CBE approves 3rd edition rules for mobile wallet payment services
Transactions made through mobile wallets in 2020 reach EGP 100bn, according toCBE