The bank is also facilitating supply operations from farmers and receiving all wheat supplied from them.
10.04.2022
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News by
Daily News Egypt
Egypt’s headline annual inflation rate registered 12.1 percent in March of this year compared to 4.8 percent in March of last year.
10.04.2022
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News by
Ahram Online
We look forward to the bank’s efforts to reduce the cost of green finance in developing countries: Finance Minister.
03.04.2022
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News by
Daily News Egypt
Last week Egypt said it was in talks with the International Monetary Fund for potential funds and technical support to hedge.
03.04.2022
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News by
Reuters
The application was developed by Egyptian Banks Company, the CBE’s technological arm, under the guidance of its umbrella company.
30.03.2022
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News by
Egyptian Streets
Egypt issued on Thursday Japanese Yen*-dominated bonds with a total of $500 million, the first of their kind in Egypt and the Middle East.
27.03.2022
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News by
Ahram Online
The Central Bank of Egypt has raised its key interest rate for the first time since 2017, citing inflationary pressures triggered by the coronavirus.
23.03.2022
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News by
abc news
This is given the EFGH outsized influence over Egypt's financial markets and supercharged growth of its fintech businesses.
01.03.2022
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News by
Reuters
Egypt banks extended finances worth EGP 253 billion to about 8,800 beneficiaries in the industrial, agricultural and construction sectors by end 2021.
27.02.2022
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News by
Ahram Online
Egypt has named six international lenders, including Citigroup Inc. and HSBC Holdings Plc, to manage its first sale of sovereign Islamic bonds.
24.02.2022
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News by
Bloomberg Business
he bank injected EGP 2bn into the initiatives of the Central Bank for Industry, Contracting, and Tourism.
20.02.2022
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News by
Daily News Egypt
The board of directors of the European Bank for Reconstruction and Development (EBRD) approved its country strategy for Egypt through 2027.
13.02.2022
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News by
Ahram Online
The World Bank praised the economy’s ability to mitigate Covid-19. Al-Ahram Weekly reviews Egypt’s Economic Monitor report.
13.02.2022
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News by
Ahram Online
FAB has made a non-binding offer to buy at least 51% in EFG Hermes for 19 Egyptian pounds ($1.21) a share.
11.02.2022
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News by
Reuters
All 18 analysts polled predicted Egypt's central bank would keep rates unchanged at its regular monetary policy committee meeting.
02.02.2022
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News by
Reuters
The loan to strengthen the country’s financial position and meet emergency needs amid challenges caused by COVID-19.
30.01.2022
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News by
Ahram Online
Abu Dhabi Commercial Bank – Egypt (ADCB) has announced increasing its capital to EGP 5 billion (US$318m) from EGP 1.5 billion (US$95.48m).
27.01.2022
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News by
ceo business africa
The International Monetary Fund upgraded Egypt’s real GDP growth by 0.4% in 2022 to 5.6 percent, compared to the fund’s October 2021 projections.
27.01.2022
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News by
Ahram Online
After its tourist industry was devastated by the coronavirus pandemic in 2020, the economy has bounced back from the worst of the slowdown.
20.01.2022
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News by
Zawya
Foreign investors have pumped $970 million since early January in investments in Egypt’s long-term treasury bills (T-bills).
19.01.2022
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News by
Ahram Online