Finance News

SAIB Bank sees 17% loan growth and EGP 390M in Q1 profits, fueled by retail, SME, and corporate lending.
19.05.2025 | News by Daily News Egypt

After years of turbulence caused by regional conflicts, global inflation, and currency shortages, Egypt’s economy appears to be regaining its footing.
Papers by Egypt Business Directory

Al-Mashat highlighted the European Union’s (EU) €4 billion macroeconomic and budget support package, now entering its second phase.
15.05.2025 | News by Ahram Online

In February 2025 alone, remittance inflows surpassed $3 billion for the second month in a row, more than doubling the $1.3 billion recorded in Feb2024
13.05.2025 | News by Egypt Today

Saudi Arabia's benchmark stock index (.TASI), opens new tab rose 1.3%, the sharpest rise in a month with almost all sectors in the green.
13.05.2025 | News by Reuters

President El-Sisi also reaffirmed to Adesina Egypt’s ongoing support for the AfDB and commitment to cooperating with its next president.
13.05.2025 | News by Ahram Online

Despite clear progress, the OECD emphasized that further work is needed to ensure these ambitious reforms meet citizens’ needs.
12.05.2025 | News by Egypt Today

The report attributes the inflationary pressure to notable price hikes in essential sectors. Electricity, gas, and fuel costs jumped by 6.7 percent.
12.05.2025 | News by Egypt Today

Saudia has announced the introduction of its first international credit card in Egypt, in collaboration with Visa.
11.05.2025 | News by kbc

With €13.8 billion in financing and investments in the Egyptian private sector, the bank is considered the strongest European lever in Egypt.
11.05.2025 | News by Ahram Online

The effort, led by the (IDSC) and aligned with the State Ownership Policy Document, aims to shift the economy toward a private sector-led model.
Papers by Egypt Business Directory

Egypt's official inclusion in the BRICS group in 2024 marks a new chapter in its economic journey, positioning the nation among other global players.
08.05.2025 | News by Egypt Today

December 2024 saw a further uptick to $47.1 billion, reflecting a $157 million gain from November’s $46.95 billion.
08.05.2025 | News by Egypt Today

The FRA noted a growing number of online ads and social media posts that entice citizens to commit funds to ventures lacking the necessary licenses.
08.05.2025 | News by Egypt Today

“Hot money” describes the rapid movement of capital across international borders in pursuit of quick profits.
08.05.2025 | News by Egyptian Streets

The data pointed to a slowdown in the non-oil private sector, driven largely by reduced demand among non-oil companies.
07.05.2025 | News by Egypt Today

In March 2024, Egypt succeeded in expanding the IMF loan package from $3 billion to $8 billion.
06.05.2025 | News by Egypt Today

The company says it has disbursed more than $11 billion in loans both inside and outside of Egypt.
06.05.2025 | News by Zawya

With over €13.8 billion invested in Egypt’s economy since 2012—more than 86 percent of it directed to the private sector.
06.05.2025 | News by Egypt Today

This positive trend signals a continued recovery following a substantial decline in net foreign assets over three months.
06.05.2025 | News by Egypt Today