During most of 2022, import restrictions were in place to tackle the North African country's current account shortfall.
04.05.2023 Arab News
Egypt agreed a $3 billion program from the IMF last year, but billions of dollars in extra financing expected to come.
04.05.2023 Bloomberg
Total foreign assets in Egypt declined to LE 1.439 trillion ($46.5 billion) in March 2023 from LE 1.476 trillion ($47.7 billion) in February 2023.
03.05.2023 Egypt Today
Tokenisation allows for seamless and secure digital transactions for millions of Egyptians, by replacing sensitive customer data with unique ids.
03.05.2023 Ahram Online
This follows the agency’s revision of its outlook for Egypt from stable to negative on April 21st.
02.05.2023 Zawya
The Group maintained its strong capital base with a total equity of $10.4 billion.
01.05.2023 Zawya
In March, the EBRD’s Vice President for Banking Alain Pilloux told Ahram Online that the bank is projected to invest over $1.4 billion in Egypt.
28.04.2023 Ahram Online
Egypt and Tunisia increased interest rates consistent with their historical norms and less than the emerging market and developing economy benchmark.
27.04.2023 Ahram Online
The Kuwait Investment Authority (KIA) has purchased the United Bank of Egypt, one of the most famous banks in the country, the Egypt Times reported.
20.04.2023 Middle east monitor
The two banks will cooperate in fields including financial cooperation, infrastructure construction, manufacturing and SME development.
20.04.2023 China Daily