United Bank’s total assets increased from 72 billion Egyptian pounds in 2021, to 106 billion pounds in June.
24.09.2024
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News by
Arab News
Egypt's central bank aims to sell shares in state-owned United Bank in an initial public offering (IPO) on the stock exchange by the end of March.
23.09.2024
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News by
Reuters
Egypt’s last Eurobond issuance was back in 2021 when it joined “a rush of emerging-market governments taking advantage of low borrowing costs.
23.09.2024
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News by
Egypt Today
Ezz Al-Arab has served as the CIB's Non-Executive Chair since March 2023.
17.09.2024
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News by
Ahram Online
This partnership aims to strengthen the NIB's pivotal role as a key economic and investment driver crucial for advancing development goals.
12.09.2024
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News by
Egypt Today
Egypt endeavors to achieve economic and structural reforms and lure foreign direct investments (FDIs).
12.09.2024
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News by
Zawya
At the same time, they raised the monthly purchase limit to $6,000 for the highest category of credit cards.
11.09.2024
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News by
Ahram Online
The bank also announced an increase in the foreign currency spending limits on its credit cards for transactions outside of Egypt.
10.09.2024
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News by
Cairo Scene
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is scheduled to convene on Thursday to decide on interest rates.
05.09.2024
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News by
Ahram Online
The International Monetary Fund (IMF) has projected a substantial increase in Egypt's gross international reserves.
04.09.2024
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News by
Ahram Online
The CBE also reported a rise in total assets, reaching EGP 6.057trn in June 2024, compared to EGP 4.480trn in June 2023, an increase of EGP 1.6trn.
02.09.2024
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News by
Daily News Egypt
This marks an increase from the previous month’s surplus of $13.02bn (EGP 626.6bn) in June.
02.09.2024
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News by
Daily News Egypt
Arab African International Bank reports its separate financial statements for the first half of 2024 with a net profit of USD 156MM.
01.09.2024
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News by
Egypt Today
This new review involves easing some of the fund’s criteria, and is part of the two reviews the IMF conducts per year before disbursing funds.
29.08.2024
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News by
Egypt Independent
The bank emphasized that it had previously increased the daily withdrawal limit for domestic currency from ATMs to LE30,000 in April.
27.08.2024
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News by
Egypt Independent
31 banks offered bids worth EGP 1.058 trillion on Tuesday, and 100% of the bids submitted by the banks were accepted.
22.08.2024
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News by
See news
Egypt’s overall balance of payments registered a surplus of $ 4.1 billion in the July-March period of the 2023/2024 fiscal year, from a $ 281.9 m.
21.08.2024
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News by
Ahram Online
Egypt will issue a EGP 2 note in FY2024/2025 to facilitate holding the small currency, according to Asharq Business with Bloomberg.
20.08.2024
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News by
Ahram Online
President Abdel-Fattah El-Sisi issued a decree to renew the tenure of Hassan Abdallah as the Central Bank of Egypt's (CBE) acting governor.
20.08.2024
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News by
Ahram Online
The Central Bank of Egypt (CBE) sold on Tuesday 609.8 million euros in euro-denominated treasury bills (T-bills), with a 364-day maturity period.
14.08.2024
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News by
Ahram Online
