AfDB commits $746M to Egypt in 2025, targeting private sector, pharma, and clean energy
The African Development Bank (AfDB) will provide Egypt with $746m in funding…
Banque Misr, ADCB arrange EGP 1.3bn syndicated loan for Palm Hills’ Casa Cook hotel project
A banking consortium led by Banque Misr, in cooperation with Abu Dhabi…
IDB participates in two Sukuk issuances worth EGP 500m
The Industrial Development Bank (IDB) has taken part in two significant Sukuk…
United Bank reports over EGP 1bn in profits for Q1 2025
United Bank has reported standalone pre-tax profits of EGP 1.013bn for the…
CIB partners with Lantern Ventures to boost SME growth
The Commercial International Bank (CIB) has entered into a strategic partnership with…
CBE cuts rates by 1% as inflation pressures ease, growth rebounds
The Central Bank of Egypt (CBE)’s Monetary Policy Committee (MPC) decided last…
CBE to decide interest rate path Thursday amid divided analyst views
The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) will hold…
CARITech, Finastra partner to drive core banking transformation in MENA
CARITech, a leading digital transformation consultancy specializing in core banking modernization, has…
Egypt’s balanced monetary policy, flexible exchange rate boost resilience: IMF’s Clarke
Nigel Clarke, Deputy Managing Director of the International Monetary Fund (IMF), stated…
CBE Governor meets IMF official to review progress on Egypt’s economic reforms
Hassan Abdallah, Governor of the Central Bank of Egypt (CBE), met with…