Financial institutions in Egypt
-
Developing countries require about $5.9 trillion by 2030 to meet their NDCs
Additionally, he highlighted that adaptation costs alone range between $140 and $300 billion annually for developing countries.
-
Catalyst Partners Middle East approves $56mln share swap deal to acquire Qardy, Catalyst Holding
Qardy operates in digital financial solutions, while Catalyst Partners Holding is involved in non-banking financial services.
-
Egypt’s Inflation declines to 14.4% in June 2025
CAPMAS attributed this easing of inflation to a decrease in the “Food and Beverages” category, which dropped by 1.1 percent.
-
CBE temporarily raises daily withdrawal limit to EGP 500,000
This exceptional measure comes in response to ongoing disruptions in telecommunications services, which have affected the regularity of operations.
-
Bank Branch Hours Extended to 5 PM in Select Locations Across Egypt
Starting July 8th, selected bank branches across Egypt will extend working hours to 5 PM on weekdays, while special hours apply to branches in malls.
-
Egypt’s Banking Sector Net Foreign Assets Hit $14.7 Billion
This reflects a remarkable growth of $3.2 billion compared to the $1.6 billion recorded in April 2025.
-
IMF delays loan review for Egypt, merges assessments amid calls for deeper reforms
The IMF merges the 5th & 6th reviews of Egypt’s $8 bn loan due to slow reforms, postponing the next disbursement by 6 months.
-
Egypt non-oil private sector shrinks in June due to weak demand
June PMI hits 48.8, non-oil private sector contracts for 4th month; new orders, output, and employment drop amid weak demand.
-
South Africa and Egypt rank among top emerging markets for FDI confidence in 2025
Egypt ranks 13th globally in FDI confidence for 2025, reinforcing its appeal to global investors and signaling strong economic growth potential.
-
Egypt signs debt swap agreements with Germany, Italy, China
Egypt inks $900M+ in debt swaps with Germany, Italy, and China, marking its first-ever deal with China to ease debt and fund development projects.