CBE throws light on Egypt’s high inflation in November 2022
November’s high inflation was mainly caused by 27 October currency devaluation, continued…
IMF loan gives Egypt new boost: Cabinet
In a Saturday statement, the cabinet added that the loan reflects confidence…
Egypt provides EGP 42.5bn in export subsidy to 2,500 companies since October 2019: Finance Ministry
The export subsidies help companies continue production and fulfil their obligations, which…
IMF loan to secure hard currency needed for importing production requirements: Manufacturers
Egypt’s IMF-supported programme presents a comprehensive policy package to preserve macroeconomic stability,…
CBE reveals top indicators of financial safety for banks by end of 3Q 2022
EGP 93.4bn in net profits, top 10 accounted for 78.29%
Ahli United Bank – Egypt Wins “Bank of the Year- Egypt” award from The Banker (UK)
The award is a testament to the bank’s efforts to harness the…
Egyptian exports to EU doubled in 2022: EU’s Ambassador
“Considering that Egypt’s total exports totaled about €27bn, the EU remains the…
CIB and Visa Celebrate Winners of FIFA World Cup™ Campaign
The Bank held an award ceremony at its Smart Village office to…
How would new IMF loan help attract foreign investment back into Egypt stock market?
It is necessary to secure dollar liquidity to prevent speculations on local…
Opinion| Insufficient cold chains lead to food loss that could feed 950 million people
If food waste was a country, it would be the third largest…
