The World Bank (WB) has raised its forecasts for Egypt’s real GDP growth for 2021 to 5.5 percent, up from 4.5 percent predicted in June.
10.10.2021 Ahram Online
The National Bank of Egypt, Banque Misr and Banque du Caire aim to launch a trust to support fintech start-ups with an overall EGP100bln capital.
28.09.2021 Ahram Online
A member of a number of private and public executive and board directorship roles in the region, Nasser brings a wealth of experience.
27.09.2021 Daily News Egypt
The general government remains the main obligor of all debts, accounting for around 59.7 percent of Egypt’s external debt, as it rose by $11.1 billion
01.09.2021 Ahram Online
The business volume of Faisal Islamic Bank of Egypt (FAIT) reached EGP 125.835 billion by the end of June 2021.
18.08.2021 Zawya
Capital at banks amounts to EGP 177.92bn, reserves register EGP 347.826bn, provisions score EGP 165.588bn in Q1 of 2021: CBE.
26.06.2021 Daily News Egypt
Egypt is getting ready to offer its first sovereign bonds (Sukuk), almost the first of its kind for the country, following parliament’s approval.
11.06.2021 Alsharq alawsat
According to the MoU, the two central banks will cooperate in fields of licenses & the ownership structures of the licensed financial institutions.
11.06.2021 Ahram Online
The country is projected to achieve 5.2-5.5% economic growth in Q4 of FY20/21, the minister noted.
06.06.2021 Zawya
The net profit at Al Baraka Bank – Egypt increased by 2% in Q1 of 2021 compared to Q1 of 2020, and by 108% compared to Q4 of 2020, recording EGP 269m.
23.05.2021 Daily News Egypt
