List of Banks in Egypt
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Egypt could apply flexible exchange rate by end of 2023: MP
The Central Bank of Egypt is considering implementating a flexible exchange rate policy by the end of 2023.
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GICs enable banks to stay competitive in fast-paced world: Mashreq’s MGN Egypt Head
GICs, also known as Global Capability Centers, are specialized entities established by companies in various locations around the world.
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Egypt's Commercial International Bank secures $250 mln loans from IFC
Commercial International Bank (CIB) has announced receiving $250 million in long-term loans from the International Finance Corporation (IFC).
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Agricultural Bank of Egypt, MSMEDA sign financing contract worth EGP 60m
Egyptian Family Development Initiative aims primarily to improve population and control its growth rates.
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Foreign exchange reserves increase to US$34.806 billion: Central Bank of Egypt
The CBE said that the value of foreign currencies included in the cash reserve rose to $27.044 billion at the end of June, compared to $26.686 billion
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Afriexim Bank: Egypt's Accession to African Payments System Boosts Import in Local Currency
Egyptian companies have an opportunity to capitalize on infrastructure projects in Africa that need more than $60 billion in funding.
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Is Egypt devaluing its currency anytime soon?
Speculations have gone viral about the possibility of Egypt devaluing its own currency.
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Egyptians Withdrew EGP 35.2 Billion from ATMs in Two Weeks
Withdrawals reached their climax on Sunday, June 25, with more than 1.6 million withdrawals at an amount of EGP 4.22 billion pounds in one day.
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Egypt-IMF deal stalls as devaluation rides on FX supply boost
When Egypt agreed a $3bn, 46-month financial support package with the IMF back in December, it vowed to adopt a flexible exchange rate regime.
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Finance Min.: EGP 50 Million of Coins Offered to Avoid Change Shortage on Eid al-Adha
The minister added that the Treasury and Mint Authority witnessed during the past few years an unprecedented boom in the field of "digitization".