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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Egypt's General Authority for Investment and Free Zones (GAFI) signed a memorandum of understanding (MoU) with Qatar National Bank (QNB).
24.10.2023 Ahram Online
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The Central Bank of Egypt (CBE) introduces new rules to simplify credit card usage for Egyptians travelling abroad. The steps aim to curb misuse and enhance customer convenience.
23.10.2023 dailynewsegypt.com
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Egypt plans to issue Samurai bonds valued at $500M in November. Samurai bonds are issued in Japanese Yen by foreign borrowers on the Tokyo Stock Exchange.
23.10.2023 EgyptToday
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CBE issued new instructions on Tuesday to regulate the use of credit cards for transactions in foreign currencies abroad amid concerns of misuse.
19.10.2023 Ahram Online
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This gathering was part of the third "Belt and Road International Cooperation Forum" events and was attended by Dr. Rania Al-Mashat.
18.10.2023 See News
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The Central Bank of Egypt has issued new directives to banks, limiting credit card cash withdrawals abroad. This comes amid concerns over misuse.
18.10.2023 EgyptToday
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Egypt issued on Monday the first sustainable Panda bonds in the Middle East and North Africa at ¥3.5 billion ($500 million) with a yield of 3.5%.
17.10.2023 ahram online
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Egypt’s state-owned Banque Misr has secured a $234 million loan from the International Financial Corporation (IFC).
17.10.2023 ahram online
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Egypt is holding negotiations with the International Monetary Fund (IMF) to enhance its rescue program to over $5 billion, according to a report by Bloomberg News.
15.10.2023 Reuters
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Moody's Corporation, the bond credit rating business, has downgraded five Egyptian banks in light of the country's declining debt affordability. The news came after the organisation downgraded the country's sovereign rating.
12.10.2023 Reuters
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