Egypt’s economy has been struggling for years with inflation. In January 2022, one USD cost EGP 15.7, and one year later, it cost EGP 29.8.
23.04.2024 Egyptian Streets
The funds are earmarked for settling past debts and addressing the national budget shortfall.
17.04.2024 Zawya
The South African bank’s presence in Egypt will allow it “to capitalize on the significant emergence of the Gulf-sub Sahara Africa-Egypt corridor.
17.04.2024 Enterprise
Al-Mashat also discussed regional and international challenges and their impact on developing countries and emerging economies.
17.04.2024 Egypt Today
Revenues grew 82.4% to EGP 10.175 billion in Q1 2024 from EGP 5.580 billion in the same quarter last year.
17.04.2024 Zawya
The bank has lowered its expectations for Egypt's economic growth during the current year to 2.8 percent from its previous estimates of 3.5 percent.
16.04.2024 Egypt Today
Previously, the limit for ATM withdrawals was EGP 20,000, and for withdrawals from bank branches was EGP 150,000.
16.04.2024 Scene now
The Al Ahli Bank of Kuwait – Egypt on Tuesday announced the launch of a three-year certificate of deposit with an interest rate of 85 percent.
14.04.2024 Egypt Independent
This move aligns seamlessly with Banque Du Caire’s persistent endeavors to promote sustainable financial solutions.
11.04.2024 solar quarter
The Central Bank of Egypt (CBE) has announced that banks operating in Egypt will be closed from Tuesday 9 April to Sunday 14 April to celebrate Eid.
07.04.2024 Ahram Online