A comprehensive overview of banks in Egypt - including state-owned, private, and international institutions, as well as the latest finance news. See also the
Top10 banks in Egypt.
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AUC announced that Sherif Kamel, dean of the School of Business Administration, has joined the Board of Directors of the CBE.
07.12.2023 Ahram Online
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Egypt is also considering issuing a second “sukuk” tranche and issuing sustainability bonds ranging from $500 million to one billion dollars next year
07.12.2023 Egypt Independent
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Kristalina Georgieva expects the fund to increase the value of the loan provided to Egypt due to the impact of external factors on its economy.
06.12.2023 Ahram Online
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IFC partnered with Al Baraka Bank Egypt to offer $50 million in finance for Egyptian micro, small and medium-sized enterprises.
06.12.2023 Ahram Online
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CBE sold on Monday $990 million in USD-denominated treasury bills (T-bills) with a one-year maturity, according to the bank’s website.
06.12.2023 Ahram Online
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Maait said he hopes to raise between $500 million and $1 billion through sustainability bonds in 2024.
06.12.2023 Egypt Today
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During November, the dollar recorded successive jumps in black market transactions, reaching 52 pounds due to a sudden increase in demand.
03.12.2023 Egypt Independent
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Shawky pointed out that before coronavirus pandemic, Egypt’s foreign currency reserve amounted to about $45 billion.
03.12.2023 Egypt Independent
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The UAE has renewed a $1 billion deposit at the Central Bank of Egypt (CBE) for three years to 1 July 2026 instead of 1 July 2023.
01.12.2023 Ahram Online
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The AfDB clarified that the instruments and amounts include $10 million Line of credit with a tenor of 10 years.
01.12.2023 Egypt Today
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