The CBE had earlier introduced revised guidelines for its weekly main deposit operations, previously conducted through fixed-rate tenders.
04.12.2024 Egypt Today
The government is making intensive efforts to facilitate the entry of investors into the Egyptian market.
02.12.2024 See news
The dollar's value fluctuated between 4 to 5 percent ($1/EGP 47 to $1/EGP 49) after the country adopted a flexible exchange rate in March.
02.12.2024 Ahram Online
President Abdel-Fattah El-Sisi has issued a decree appointing the Central Bank of Egypt (CBE) board of directors, chaired by Hassan Abdullah.
01.12.2024 Ahram Online
The United Bank has set ambitious targets for its net profit, aiming to reach 3.071 billion LE by the end of 2025, 3.821 billion in 2026.
27.11.2024 Egypt Today
Arab African International Bank (AAIB) issued Sunday a landmark $500 million sustainability bond to accelerate Egypt’s green transition.
26.11.2024 Ahram Online
This substantial growth is attributed to the transformation of Al-Ahli United bank into an Islamic bank following its Acquisition by Kuwait Finance.
26.11.2024 MENAFN
The statement further indicated that total equity rose to LE 162.413 billion, compared to LE 150.667 billion in September.
25.11.2024 Egypt Today
IMF led by Ivana Vladkova Hollar, issued a statement at the conclusion of its visit to Egypt, which lasted from November 6-20.
24.11.2024 Egypt Independent
Egypt’s Central Bank embarked on a rare privatization journey by putting 30% of United Bank up for grabs – only the second such sale in four years.
21.11.2024 Finimize