This is amid expectations that it will maintain the current interest rates as inflation rates have started to take a downward path the last 2 months.
23.05.2024
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News by
Ahram Online
Net Interest Income increased by 71% to reach EGP 1.4 billion by the end of March 2024 compared to EGP 841 million over the same period in 2023.
21.05.2024
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News by
eledtisadenews
This came during a meeting between the Egyptian Minister of the Environment, Yasmine Fouad, and the IMF's resilience and sustainability mission.
20.05.2024
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News by
Egypt Today
This liquidity withdrawal is part of the CBE's open market operations to effectively regulate the money supply within the Egyptian banking system.
16.05.2024
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News by
Egypt Today
The Egyptian pound’s rate against the US dollar declined on Tuesday to 46.92 for selling and 46.79 for buying, its strongest point since 23 March.
15.05.2024
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News by
Ahram Online
Visa Platinum, Mastercard Platinum and Mastercard holders can now utilize up to LE 40,000, compared to the previous LE 12,500 limit.
15.05.2024
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News by
Egypt Today
Egypt’s net international reserves (NIRs) surged at the end of April to its highest level in four years to post $41 billion, up from $40.4.
09.05.2024
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News by
Ahram Online
Brand Finance’s research also found that National Bank of Egypt also came out on top for sustainability perceptions, leading across 3 key metrics.
30.04.2024
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News by
brand finance
The matrix provides a measure of progress made at the country level by member institutions to develop a sustainable finance framework.
29.04.2024
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News by
Ahram Online
The fourth through eighth and final reviews are scheduled to be completed every six months, allowing the country to receive around $1.3 bn each time.
28.04.2024
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News by
Ahram Online
More than 100 businesses and entrepreneurs have benefited from the financial, tax, administrative, and technological advice offered by top consulting.
28.04.2024
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News by
tvbrics
The safety and reliability of banks are of paramount importance to both consumers and investors, especially in a climate of shifting dynamics.
Papers by
Egypt Business Directory
The US dollar exchange rate declined against the Egyptian pound at major banks on Wednesday, reaching EGP 47.8 down from EGP 48 recorded on Sunday.
25.04.2024
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News by
Ahram Online
El-Sisi has also directed the government to improve its ability to intervene during a commodity shortage crisis to ensure price stability.
25.04.2024
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News by
Ahram Online
Egypt’s economy has been struggling for years with inflation. In January 2022, one USD cost EGP 15.7, and one year later, it cost EGP 29.8.
23.04.2024
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News by
Egyptian Streets