Egyptian expat remittances surge to $32.6bn after March 2024 reforms: CBE
The Central Bank of Egypt (CBE) announced on Monday that remittances from…
AAIB, Al Ahly Pharos to manage EGP 20bn securitization bond programme for Tatweer Misr
The Arab African International Bank (AAIB) and Al Ahly Pharos have been…
Suez Canal Bank completes EGP 5.8bn in Sharia-compliant sukuk issuances
The Suez Canal Bank has successfully completed two sukuk issuances totaling EGP…
Domestic liquidity in Egypt’s banking sector rises to EGP 12.566trn in March 2025
Domestic liquidity in Egypt’s banking sector climbed to EGP 12.566trn in March…
Gold surge adds nearly $3bn to Egypt’s international reserves in early 2025
The value of gold in Egypt’s international reserves rose sharply by approximately…
CIB Egypt extends EGP 2.45bn bridge loan to SODIC for North Coast ‘June’ project
Commercial International Bank (CIB) Egypt has signed an EGP 2.45bn bridge loan…
Al Ahly Pharos closes landmark EGP 2.8bn Musharaka Sukuk for Bab Masr Development
Al Ahly Pharos Investment Banking, the investment banking arm of the National…
HDB sponsors GUC career fair to support youth employment
The Housing and Development Bank (HDB) participated as a sponsor in the…
Agricultural Bank of Egypt offers 5-year livestock loans at 5% to support small farmers
The Agricultural Bank of Egypt (ABE) has signed a cooperation protocol with…
Banking leaders underscore crucial role of public-private partnerships in advancing development
Senior leaders from Egypt’s banking sector have reiterated the vital importance of…