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…
Opinion | Disinflation still faces headwinds, but price growth stabilising and high real rates leave CBE room to cut next week
Headline inflation stood at 13.9% y-o-y in April, broadly unchanged from March.…
Agricultural Bank of Egypt forms new board for three-year term
The Agricultural Bank of Egypt (ABE) has announced the formation of a…
Suez Canal Bank posts EGP 1.3bn in Q1 profits, doubling year-on-year
Suez Canal Bank reported net profits of EGP 1.3bn for the first…