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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Kristalina Georgieva expects the fund to increase the value of the loan provided to Egypt due to the impact of external factors on its economy.
06.12.2023 Ahram Online
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Shawky pointed out that before coronavirus pandemic, Egypt’s foreign currency reserve amounted to about $45 billion.
03.12.2023 Egypt Independent
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During November, the dollar recorded successive jumps in black market transactions, reaching 52 pounds due to a sudden increase in demand.
03.12.2023 Egypt Independent
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The AfDB clarified that the instruments and amounts include $10 million Line of credit with a tenor of 10 years.
01.12.2023 Egypt Today
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The UAE has renewed a $1 billion deposit at the Central Bank of Egypt (CBE) for three years to 1 July 2026 instead of 1 July 2023.
01.12.2023 Ahram Online
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The net loan portfolio's value recorded EGP 82.935 billion, a 70% increase compared to the end of 2022.
30.11.2023 Zawya
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The AfDB loan will help Egypt’s goal of attracting $3 billion in financing by the year’s end to bridge a $17 billion financing gap over 4 years.
30.11.2023 Egypt Today
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EBRD is seeking the acquisition of minority stakes in state-owned financial institutions earmarked for privatization in Egypt.
30.11.2023 Ahram Online
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Egyptian President Abdel-Fattah El-Sisi recently decreed the formation of a new board of directors for the Central Bank of Egypt (CBE).
29.11.2023 Ahram Online
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The African Development Bank (AfDB) approved a $131 million loan to Egypt with the aim of bolstering the government’s efforts to boost private sector.
29.11.2023 Ahram Online
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