List of Banks in Egypt
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Egypt may need tighter monetary policy to tackle inflation: IMF regional report
Egypt and Tunisia increased interest rates consistent with their historical norms and less than the emerging market and developing economy benchmark.
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Kuwait purchases United Bank of Egypt
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.
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CDB issues $300m in credit to Egypt
The two banks will cooperate in fields including financial cooperation, infrastructure construction, manufacturing and SME development.
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Faisal Islamic Bank’s standalone profits rise 81% YoY in Q1: Egypt
Faisal Islamic Bank of Egypt is a financial institution that offers banking and investment services per Islamic Sharia principles.
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ALEXBANK and SRM presented the fourth edition of the Suez Canal report
The report tackles the performance of the Suez Canal, through which around 12% of global maritime traffic pass through.
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Egypt, IMF had fruitful discussions on preparations for the loan deal’s 1st review
The discussions took place on the margins of the World Bank and IMF Spring Meetings in Washington DC.
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Maait: Egypt Proceeds Steadily in Implementing IMF Reform Programme
Maait pointed out the implementation of a comprehensive package of policies aimed at stabilizing macroeconomic performance indicators.
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World Bank to finance Egypt with $7 bln over 6 years
The World Bank's latest program within a framework of cooperation with Egypt is for the disbursement of US$7 billion to the country over 5-6 years.
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Egypt, World Bank discuss preparations for launching country strategy 2023-2027 in May
The discussions dealt with the issue of strengthening the role of the World Bank in the field of financing development and climate action.
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IMF Chief says Egypt may need to slowdown projects to avoid macroeconomic instability
The IMF’s projections for Egypt’s GDP growth fall below the Egyptian government target of 4.1% GDP growth target in fiscal year (FY) 2023/24.