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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The Egyptian pound’s forward exchange rate against the US dollar for one-year contracts reached a new peak at EGP 54.26 on Tuesday.
25.01.2024 Ahram Online
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Saudi Islamic Al-Rajhi Bank, one of the biggest banks in the country, suspended transactions in Egyptian pounds across all of its branches.
23.01.2024 Ahram Online
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Global credit rating agency Moody's has expected the International Monetary Fund (IMF) to increase its existing $3 billion loan programme for Egypt.
23.01.2024 Ahram Online
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(CIB) has issued new premium certificates of deposits (CDs) that offer a fixed monthly yield of up to 22 percent.
22.01.2024 Ahram Online
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The IMF visit coincided with a new report by Moody’s, revising its outlook on Egypt from “stable” to "negative."
22.01.2024 new arab
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CBDCs, a form of digital currency issued by a country’s central bank, differ from cryptocurrencies in that their value is pegged to the country’s fiat
21.01.2024 Innovation Village
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Foreign companies can now retain their capital increase deposit in foreign currency, rather than having it converted to Egyptian pound by the bank.
17.01.2024 Ahram Online
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Al Baraka Bank Egypt and EG Bank announced new restrictions on foreign currency transactions on Tuesday through their respective websites.
17.01.2024 Egypt Today
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Will include green, blue, social, and sustainable bonds to support Egypt’s Vision 2030.
16.01.2024 economy middle east
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Egypt's Nasser Social Bank (NSB) has launched new certificates of deposit (CDs) that offer an annual yield of up to 20 percent.
14.01.2024 Ahram Online
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