Banque Misr achieves pre-tax profits of EGP 80.9bn in 2023
Banque Misr's general assembly approved last Thursday the financial statements for the…
NBE reports EGP 126bn in pre-tax profits for 2023
The National Bank of Egypt (NBE) held its general assembly last Thursday…
CBE participates in ‘New Beginning for Human Development’ initiative
The Central Bank of Egypt (CBE) has participated in financing and implementing…
CBE pays $23.8bn in foreign debt service over 9 months
The Central Bank of Egypt (CBE) revealed Wednesday that Egypt paid $23.8bn…
CBE explains August’s inflation rise after 5-month decline
Egypt’s annual urban headline inflation ticked up to 26.2% in August 2024,…
AfDB approves $6.6m grant to strengthen Somalia’s financial sector
The African Development Bank Group (AfDB) has approved a $6.6m grant to…
CIB announces new leadership: Ezz Al-Arab as CEO, Sabbour as 1st female chair
The Commercial International Bank - Egypt (CIB) has appointed Hisham Ezz Al-Arab…
CBE’s net foreign assets record $10.3bn surplus in August
The Central Bank of Egypt's net foreign assets (NFA) achieved a surplus…
Al-Mashat, Kouchouk review efforts to resolve financial entanglements between NIB, Egypt Post
Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, and…
Banks, companies offer EGP 73.09bn under ‘Affordable Housing Initiative’ until August
Banks and mortgage companies participating in the Affordable Housing Initiative have provided…