HDB offers new savings certificate with 20% yield
Minimum purchase price for new certificate is EGP 100,000
Most prominent BoP indicators show improvement in 1H 2022/23: CBE
This was largely attributed to the decline in the trade deficit by…
$548m increase in Egypt’s international reserves in 4 months: CBE
International reserves record $34.551bn in April 2023, compared to $34.003bn in December…
4.2 million tonnes of fodder supplies worth $2bn released from ports: Minister of Agriculture
He affirmed that the release of fodder requirements is continuing in coordination…
4 banks participate in 6th phase of lump-sum export subsidy dues payment
Banks are NBE, Banque Misr, Banque du Caire, and Export Development Bank
Banks wait for signal to include tourism in industry support initiative
Prime Minister allocates EGP 10bn to tourism sector, bringing value of initiative…
MIDBANK offers EGP 1bn in finance to major projects in various sectors during 2H 2022
Bank provides latest comprehensive, innovative banking services targeting various customer segments: Amani…
3 state-run banks lead savings certificates market with record-yield vessels
Banks increased yield on savings certificates after Central Bank raised its basic…
Financial inclusion reaches 64.8% in 2022: CBE
42.3 million citizens own, use transactional accounts, of whom 18.3 million are…
Bank crashes won’t turn into repeat of 2008 crisis, says expert
There may be vulnerabilities to the rise in interest rates if it…
