EBRD provided $532.5 million in soft development financing to two Egyptian state-owned banks and an equity fund.
13.07.2023
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News by
ahram online
The Central Bank of Egypt is considering implementating a flexible exchange rate policy by the end of 2023.
11.07.2023
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News by
Ahram Online
GICs, also known as Global Capability Centers, are specialized entities established by companies in various locations around the world.
10.07.2023
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News by
Daily News Egypt
Commercial International Bank (CIB) has announced receiving $250 million in long-term loans from the International Finance Corporation (IFC).
10.07.2023
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News by
Ahram Online
Egyptian Family Development Initiative aims primarily to improve population and control its growth rates.
10.07.2023
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News by
Daily News Egypt
The CBE said that the value of foreign currencies included in the cash reserve rose to $27.044 billion at the end of June, compared to $26.686 billion
09.07.2023
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News by
Egypt Independent
Egyptian companies have an opportunity to capitalize on infrastructure projects in Africa that need more than $60 billion in funding.
09.07.2023
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News by
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Speculations have gone viral about the possibility of Egypt devaluing its own currency.
05.07.2023
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News by
Egypt Independent
Withdrawals reached their climax on Sunday, June 25, with more than 1.6 million withdrawals at an amount of EGP 4.22 billion pounds in one day.
04.07.2023
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When Egypt agreed a $3bn, 46-month financial support package with the IMF back in December, it vowed to adopt a flexible exchange rate regime.
02.07.2023
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News by
the africa report
The minister added that the Treasury and Mint Authority witnessed during the past few years an unprecedented boom in the field of "digitization".
29.06.2023
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For the bank’s Head of the SMEs and Microfinance Sector Amr Demerdash, the agreement is part of Banque Misr’s strategy to support projects.
28.06.2023
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News by
North Africa Post
Egypt is considered the first African country to issue panda bonds on the Chinese market and it plans to raise the equivalent of $500 million.
27.06.2023
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News by
Egypt Today
Economic growth meanwhile eased to 3.9% in the fourth quarter of 2022 from 4.4% in the third quarter, the MPC said.
25.06.2023
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News by
Reuters
The Central Bank of Egypt (CBE) decided to suspend work in all banks, starting from Tuesday, June 27, until Monday, July 3.
22.06.2023
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News by
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The Egyptian State Information Service announced the release of a new LE20 polymer banknote ahead of Eid al-Adha.
21.06.2023
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News by
Egypt Independent
The annual food inflation increased to 60% in May 2023, and annual non-food inflation continued to increase to record 19% in May 2023.
21.06.2023
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News by
Daily News Egypt
The MPC also left rates steady at its last meeting on May 18 despite surging inflation.
20.06.2023
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News by
Reuters
The CBE issued another tranche of T-bills amounting to EGP 23 billion which carries a 364-day tenor until 18 June 2024.
18.06.2023
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News by
Zawya
Egyptian bank assets increased by 14 percent to nearly EGP 13 trillion ($420.71 billion) during the first three months of 2023.
15.06.2023
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News by
Ahram Online
