The Central Bank of Egypt on Monday launched treasury bills with fixed and variable returns at a total value of three billion LE.
16.11.2023 Egypt Independent
Ratings agency Fitch has downgraded its credit ratings on four Egyptian banks, including the largest private bank.
15.11.2023 Reuters
The remaining $2.4 billion will be distributed to undisclosed companies in Egypt.
15.11.2023 Egypt Today
The central bank and KIA each currently hold a 49.37% stake in AAIB, with the leftover 1.26% distributed to “others,” explains AAIB’s recent report.
14.11.2023 Egypt Today
The bank's net profits after tax soared to EGP 3.80 billion, marking a remarkable year-over-year leap of 137.19%.
14.11.2023 investing
Kuwait has prolonged the tenor of a $4 billion deposit at the Central Bank of Egypt (CBE) to support the country’s international reserves.
14.11.2023 Ahram Online
Egypt was awarded by the World Bank for its outstanding Strategy for Competition Policies and Competitive Neutrality.
13.11.2023 Ahram Online
The primary objective of this partnership is to implement health and educational projects.
13.11.2023 Egypt Today
Tarek Fayed, Chairperson and CEO of Banque du Caire, highlighted the importance of this step in providing banking services to the bank’s clients.
13.11.2023 Daily News Egypt
The evaluation process has estimated the HHD’s value at around EGP 20bn, while the current market capitalization of the company is about EGP 15.9bn.
13.11.2023 Daily News Egypt
