NBE executes six financing agreements totaling EGP 18.8bn in Q1 2024
NBE leads in Egyptian market for syndicated loan arrangements, according to Bloomberg
Five banks account for 74.2% of mortgage finance for low-income sector in Q1 2024
22 banks offer EGP 66.448bn in mortgage finance to over 500,000 customers
3 Egyptian exchange companies surpass EGP 15bn in foreign currency collections post-liberalisation
Since the liberalisation of the exchange rate, three exchange companies have collectively…
EU, G7 leaders urge de-escalation amid heightened Middle East tensions
European Commission President Ursula von der Leyen and Finnish Prime Minister Petteri…
Afreximbank invests in Barbados’ historic cricket ground ahead of World Cup
The African Export-Import Bank (Afreximbank) announced a $25m term loan facility for…
Tesla recalls nearly 4,000 Cybertrucks due to accelerator pedal problem
"A trapped accelerator pedal can cause the vehicle to accelerate unintentionally, increasing…
Egypt’s Al-Mashat outlines economic reforms amidst global challenges at World Bank Spring Meetings
Rania Al-Mashat, Egypt's Minister of International Cooperation and Governor at the World…
Finance Minister discusses economic progress, continued reforms with IMF Egypt Mission Chief
Egyptian Minister of Finance Mohamed Maait met with Ivanna Vladkova Hollar, the…
World Bank Group aims to enhance health services for 1.5 billion individuals
The World Bank Group has unveiled a comprehensive initiative to assist nations…
Egypt leads Arab world in solar, wind power generation: SEDA Egypt
Egypt has solidified its position as the leading producer of solar and…