Customer deposits at banks climb to EGP 13.599trn in December 2024
The Central Bank of Egypt (CBE) reported that customer deposits at banks…
Egypt’s foreign trade reaches $32.24bn in Q1 of FY25: CBE
The Central Bank of Egypt (CBE) has announced that Egypt’s total foreign…
Market awaits reopening of banks to gauge impact of CBE’s 2.25% rate cut on savings, loans
Markets are closely watching the reopening of banks on Tuesday—following the Easter…
Banks direct EGP 3.9bn to priority service sectors in 2024: CBE
The Central Bank of Egypt (CBE) announced that the total contributions made…
CBE poised to cut interest rates as inflation cools
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…
Egyptian expat remittances surge to $20bn in first 7 months of FY2024/25: CBE
The Central Bank of Egypt (CBE) has announced that remittances from Egyptians…
Egypt repays $7.95bn in external debt over three months: CBE
The Central Bank of Egypt (CBE) announced that Egypt repaid $7.952bn in…
CBE to launch phase two of remittance digitization project with 12 participating banks
The Central Bank of Egypt (CBE) has announced preparations for the second…
United Bank launches comprehensive digital services for business owners, investors
United Bank has launched an integrated suite of digital banking services and…
ADIB joins ‘Chapter Zero Egypt’ to advance climate governance, sustainability goals
Abu Dhabi Islamic Bank–Egypt (ADIB Egypt) has officially joined the “Chapter Zero…