CBE raises banks’ reserve requirement
The Central Bank of Egypt (CBE) decided to raise the reserve requirement…
Egypt Auto sales decline by 39% YTD 2017 compared to 2016
1.5-1.6 L engine cars registered at 52% of the total passenger cars…
Foreign exchange reserves up by $392m at end of September
Volume of foreign currency liquidity up by $365m, gold up by $30m:…
Banks in Egypt issue 2 million credit cards during H1 2017: CBE
The number of debit cards jumped to 17,562 million cards in June…
Banks’ profits in Egypt worth EGP 47.381bn by end of H2 2017: CBE
The five largest banks account for 69.52% of total profits, the top…
Banks’ capital increases by EGP 128.42bn at end of June 2017: CBE
The return on average assets of banks operating in the Egyptian market…
Amer, Al-Assar, chairpersons of state-owned banks in talks about supporting Egyptian industries
Pushing local development, manufacturing top public banks' priorities, says Amer
Metropolitan Egypt expects CBE to fix interest rates in next monetary policy committee meeting
I do not expect the dollar to reach EGP 14 in 2018,…
PM announces reshuffle of state-owned bank leaders within hours
Amr Kamel, Maged Fahmy nominated to chair Egyptian Arab Land Bank and…
CBE announces new BoD of state-owned banks beginning of next week
Okasha for NBE, El-Etreby for BM, Fayed for Banque du Caire, Kamal…