Bank News

This auction, announced by the CBE on Monday, has a total value of $980m and is set to mature on 29 April 2025.
01.05.2024 | News by Daily News Egypt

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 | News by brand finance

The FY2024/2025 budget is based on oil prices of $82 per barrel, up from $80 per barrel in the current FY2023/2024.
29.04.2024 | News by Ahram Online

The matrix provides a measure of progress made at the country level by member institutions to develop a sustainable finance framework.
29.04.2024 | 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 | 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 | 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 | 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 | 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 | News by Egyptian Streets

The funds are earmarked for settling past debts and addressing the national budget shortfall.
17.04.2024 | News by Zawya

The South African bank’s presence in Egypt will allow it “to capitalize on the significant emergence of the Gulf-sub Sahara Africa-Egypt corridor.
17.04.2024 | News by Enterprise

Al-Mashat also discussed regional and international challenges and their impact on developing countries and emerging economies. 
17.04.2024 | News by Egypt Today

Revenues grew 82.4% to EGP 10.175 billion in Q1 2024 from EGP 5.580 billion in the same quarter last year.
17.04.2024 | News by Zawya

The bank has lowered its expectations for Egypt's economic growth during the current year to 2.8 percent from its previous estimates of 3.5 percent.
16.04.2024 | News by Egypt Today

Previously, the limit for ATM withdrawals was EGP 20,000, and for withdrawals from bank branches was EGP 150,000.
16.04.2024 | News by Scene now

The Al Ahli Bank of Kuwait – Egypt on Tuesday announced the launch of a three-year certificate of deposit with an interest rate of 85 percent.
14.04.2024 | News by Egypt Independent

This move aligns seamlessly with Banque Du Caire’s persistent endeavors to promote sustainable financial solutions.
11.04.2024 | News by solar quarter

The Central Bank of Egypt (CBE) has announced that banks operating in Egypt will be closed from Tuesday 9 April to Sunday 14 April to celebrate Eid.
07.04.2024 | News by Ahram Online

Egypt will have immediate access to $820 million this week and another $820 million after a review to be completed by the end of June.
02.04.2024 | News by Reuters