Bank News

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

This comes within the framework of the Central Bank of Egypt’s directives to mitigate the negative effects of the coronavirus pandemic.
19.12.2021 | News by Daily News Egypt

Todd Wilcox, Deputy Chairperson and CEO of HSBC Egypt, said: “SMEs are a vital engine of growth for any economy".
16.12.2021 | News by Daily News Egypt

Foreign reserves have been rising since June 2020, after dropping to around $36 billion from more than $45.5 billion due to the pandemic.
08.12.2021 | News by Reuters

The New York-listed firm has acquired a new payments license and is cooperating with NBE to expand its services to other online retailers.
07.12.2021 | News by Cairo Scene

Egypt to lead the economic recovery in the Southern and Eastern Mediterranean region with a growth rate of 4.2 percent in 2021 and 4.4 percent in 2022
07.12.2021 | News by Egypt Today

For the current fiscal year, the budget deficit is estimated to record 6.6 percent of gross domestic product (GDP).
06.12.2021 | News by Egypt Today

Long-term debt ($124.2bn) accounts for 90.1% of total external debt, whereas short-term debt ($13.7bn) accounted for 9.9%.
06.12.2021 | News by Daily News Egypt

Bank aims to expand e-payments in line with Central Bank’s direction towards digital transformation: Aboul Fotouh.
28.11.2021 | News by Daily News Egypt

World Bank participated in drafting the idea of the comprehensive health insurance law, its preparation & implementation in Port Said.
28.11.2021 | News by Egypt Independent

The Central Bank of Egypt (CBE) decided that two seats in each of Egypt's bank boards will be reserved for women, CBE Governor Tarek Amer told MENA.
21.11.2021 | News by Ahram Online