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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Companies in Egypt can now issue multiple sukuk with single approval from the Financial Regulatory Authority (FRA), according to the recent amendments
22.08.2023 Ahram Online
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The bank’s financial statements revealed an increase in net income from return in local currency by 58%.
21.08.2023 Zawya
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Abdalla succeeded the former governor Tarek Amer, who resigned from the position a year before the end of his term.
21.08.2023 Egypt Today
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The Egyptian Cabinet has approved permitting the IFC, to issue Egyptian pound bonds in international markets.
21.08.2023 Ahram Online
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The periodicity of disbursing the return on this type of certificate is quarterly, the minimum purchase period and duration is 3 years.
17.08.2023 Egypt independent
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The standalone financial indicators of Al Baraka Bank during the first half of 2023 showed that a rate of return on average assets was achieved by 2.2
16.08.2023 zawya
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The Central Bank of Egypt (CBE) auctioned €600 million ($656.29 million) worth of treasury bills on Monday, according to the bank's website.
15.08.2023 ahram online
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The sudden 100 basis point hike, raising the rates to 19.25 percent, took the majority of analysts, including Capital Economics, by surprise.
15.08.2023 Egypt Today
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The IMF’s first review was originally scheduled for March, but failed to take place.
14.08.2023 Egypt independent
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This follows the increase in minimum operating capital required by the central bank, currently at E£5bn.
13.08.2023 african business
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