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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He argues higher interest rates would not benefit the national economy, banks, or individuals, nor would they aid in achieving inflation targets.
11.12.2023 Daily News Egypt
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Government deposits reached LE 2.179 trillion, while non-governmental deposits accounted for LE 7.539 trillion.
11.12.2023 Egypt Independent
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The exchange rate of the Egyptian currency will remain within the range of 31 pounds to the dollar at the beginning of next year.
10.12.2023 Egypt Independent
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The IMF is currently discussing with Egyptian authorities providing additional financing to ensure the successful implementation of the policy package
08.12.2023 Ahram Online
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In October, Egypt's NIR also witnessed a growth, to reach $35.1 billion compared to $34.97 billion in September, as reported by the CBE.
08.12.2023 Egypt Today
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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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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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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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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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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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