Another Kuwaiti deposit of equal value is scheduled for repayment in September 2024, according to the bank's data.
04.12.2024
|
News by
Egypt Today
Egypt’s Purchasing Managers' Index (PMI) for the non-oil business sector rose for the second consecutive month to reach 49.2 points in November.
04.12.2024
|
News by
Ahram Online
The CBE had earlier introduced revised guidelines for its weekly main deposit operations, previously conducted through fixed-rate tenders.
04.12.2024
|
News by
Egypt Today
The global economic slowdown in 2023 is expected to have a particularly acute impact on countries already struggling with elevated debt.
04.12.2024
|
News by
Ahram Online
The government is making intensive efforts to facilitate the entry of investors into the Egyptian market.
02.12.2024
|
News by
See news
The dollar's value fluctuated between 4 to 5 percent ($1/EGP 47 to $1/EGP 49) after the country adopted a flexible exchange rate in March.
02.12.2024
|
News by
Ahram Online
President Abdel-Fattah El-Sisi has issued a decree appointing the Central Bank of Egypt (CBE) board of directors, chaired by Hassan Abdullah.
01.12.2024
|
News by
Ahram Online
This marks the highest growth in tax revenues in the past two decades, adding an impressive LE 155.2 billion to the national coffers.
28.11.2024
|
News by
Egypt Today
Spending on wages and employee compensation saw a notable increase of 22.4 percent, amounting to LE 197.1 billion over four months.
28.11.2024
|
News by
Egypt Today
The deficit now stands at LE 453.2 billion, representing 2.6 percent of GDP, compared to LE 550.2 billion, or 3.9 percent of GDP.
28.11.2024
|
News by
Egypt Today
Egypt's EZRAALI project wins first place in Arab FinTech Challenge in Dubai. 2nd consecutive win for Egypt.
27.11.2024
|
News by
Ahram Online
$605 million to support climate finance, sustainable tourism, and financial inclusion for micro, small, and medium enterprises (MSMEs) in Egypt.
27.11.2024
|
News by
Ahram Online
The United Bank has set ambitious targets for its net profit, aiming to reach 3.071 billion LE by the end of 2025, 3.821 billion in 2026.
27.11.2024
|
News by
Egypt Today
The first grant, worth €500,000, is dedicated to enhancing wastewater treatment and reuse in Egyptian sugar factories.
27.11.2024
|
News by
Egypt Today
Arab African International Bank (AAIB) issued Sunday a landmark $500 million sustainability bond to accelerate Egypt’s green transition.
26.11.2024
|
News by
Ahram Online
This substantial growth is attributed to the transformation of Al-Ahli United bank into an Islamic bank following its Acquisition by Kuwait Finance.
26.11.2024
|
News by
MENAFN
The statement further indicated that total equity rose to LE 162.413 billion, compared to LE 150.667 billion in September.
25.11.2024
|
News by
Egypt Today
The meeting discussed opportunities to leverage GIZ’s focus on supporting agricultural projects and small farmers.
25.11.2024
|
News by
Daily News Egypt
IMF led by Ivana Vladkova Hollar, issued a statement at the conclusion of its visit to Egypt, which lasted from November 6-20.
24.11.2024
|
News by
Egypt Independent
This is the first regulatory sandbox in the non-banking financial sector to foster startups' growth with innovative digital solutions.
24.11.2024
|
News by
Ahram Online
