Bank News

he bank injected EGP 2bn into the initiatives of the Central Bank for Industry, Contracting, and Tourism.
20.02.2022 | 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 | 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 | 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 | 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 | 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 | 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 | 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 | 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 | 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 | News by Ahram Online

The loans were provided by Emirates NBD and First Abu Dhabi Bank.
18.01.2022 | News by Global Business Outlook

Meeza cards will replace the payroll cards of 4.3 million state employees by the end of January, Minister of Finance Mohamed Maait.
09.01.2022 | News by Ahram Online

Al Baraka Bank-Egypt plans to achieve net profits of EGP 1.41 billion in 2022, as part of its budget plan, according to a bourse filing.
04.01.2022 | News by Zawya

A disclosure form to the stock exchange dated Jan. 2 showed the increase.
03.01.2022 | News by Reuters

Al-Mashat said that the 2018-2022 framework includes 45 projects implemented in 20 governorates to the tune of $250 million.
26.12.2021 | News by Ahram Online

Bank aims to offer EGP 45bn retail loans, EGP 35bn funds for SMEs, says Deputy Chairperson.
26.12.2021 | News by Daily News Egypt

Al-Mashat noted that as Egypt is taking significant and rapid steps to achieve Egypt’s Vision 2030.
22.12.2021 | News by Daily News Egypt

CBE said that the value of the first offering is LE10 billion for a period of three years, while the second offering is LE 1bn over 7 years.
22.12.2021 | News by Egypt Independent

Some foreign investors are cautious about buying Egyptian treasuries due to jitters over emerging markets and the sustainability of high yields.
22.12.2021 | News by Reuters

President AbdelFattah El-Sisi issued resolution 584 to form the council chaired by the prime minister, bank governance and some other ministers.
Papers by Egypt Business Directory