Bank News

Analysts had expected that the MPC would raise the interest rates by a maximum of 2 percent (200 bps) to rein in inflation.
23.12.2022 | News by Ahram Online

Underlie is an open banking platform, which offers application programming interfaces (APIs) to banks and businesses. 
23.12.2022 | News by Retail Banker International

The Central Bank of Egypt (CBE) has set new measures meant to ban the fraudulent and abusive use of credit and debit cards outside the country.
23.12.2022 | News by Ahram Online

Real Estate Investment Fund 1 signed a deal to purchase commercial real estate assets from Talaat Moustafa Group in Al-Rehab City and Madinaty.
22.12.2022 | News by Daily News Egypt

The median forecast in a poll of 12 analysts is for the bank to raise its deposit rate to 15.25% and its lending rate to 16.25%.
22.12.2022 | News by Reuters

The bank noted that the loan would promote diversification and enhancement of the company’s value chain by adding new suppliers from private sector.
21.12.2022 | News by Zawya

The Egyptian government filed for the new IMF loan in March to address the severe impacts of the Russian-Ukrainian war on the country’s economy.
21.12.2022 | News by Ahram Online

A heavily managed exchange rate has not served Egypt well. It has led to periods of building imbalances.
20.12.2022 | News by Egypt Independent

CBE is not responsible for backing such initiatives, but it is a must that the government offers backing to such sector.
20.12.2022 | News by Egypt Today

The bank's net income from returns grew by 19% annually in Q3-22.
19.12.2022 | News by Zawya

The $620 billion sovereign wealth fund would carry out the transaction through the Saudi Egyptian Investment Company (SEIC).
19.12.2022 | News by Zawya

The Banker, an international financial publication, has awarded Ahli United Bank – Egypt as “Bank of the Year for Egypt in 2022” in London.
19.12.2022 | News by Egypt Independent

How many billions has Egypt received from the IMF so far? are there measures to protect the vulnerable? why devaluate the pound?
Papers by Egypt Business Directory

The approval on Friday by the IMF executive board will enable an immediate disbursement of about $347 million.
18.12.2022 | News by Bloomberg Business

Rady said that the consultations aim to support the national efforts in Egypt to preserve the path of comprehensive development.
17.12.2022 | News by See news

The Federal Reserve abandoned an unprecedented series of decisions to raise interest rates by 75 basis points.
16.12.2022 | News by Egypt Independent

The decision resulted in pumping EGP 117 billion to the MSMEs sector by the end of 2022.
16.12.2022 | News by Ahram Online

The Saudi Public Investment Fund is in advanced talks for the acquisition of The United Bank, which is owned by the Central Bank of Egypt.
14.12.2022 | News by Egypt Independent

The 2 parties stressed that the signing of this agreement comes within the framework of keenness on keeping pace with the plans and strategies of CBE.
14.12.2022 | News by Daily News Egypt

Minister of Immigration meets major Egyptian investors in UAE to discuss available opportunities in several fields.
14.12.2022 | News by Daily News Egypt