The bank’s financial statements revealed an increase in net income from return in local currency by 58%.
21.08.2023
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News by
Zawya
The Egyptian Parliament finally approved in June the draft state general budget and the social and economic development plan for the fiscal year 23/24
21.08.2023
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News by
Egypt Today
The Egyptian state-owned company E-Finance For Digital and Financial Investments is studying launching a digital bank.
20.08.2023
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News by
Ahram Online
The periodicity of disbursing the return on this type of certificate is quarterly, the minimum purchase period and duration is 3 years.
17.08.2023
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News by
Egypt independent
The IDSC also said the net direct foreign investment witnessed a tangible increase in Egypt in 2022.
17.08.2023
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News by
Egypt Today
The president reiterated that Egypt was exposed to two back-to-back crises triggered by the coronavirus and the Russian-Ukrainian war.
17.08.2023
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News by
ahram online
This maximizes opportunities for expansion of productive and export activities in light of the exceptional circumstances of the global economy.
16.08.2023
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News by
Egypt Today
The standalone financial indicators of Al Baraka Bank during the first half of 2023 showed that a rate of return on average assets was achieved by 2.2
16.08.2023
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News by
zawya
This will enhance the capabilities of current and future generations of all Egyptians and build a growing and diversified economic and investment base
15.08.2023
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News by
zawya
Expatriates between 18-59 years old will be able to purchase a pension plan in dollars.
15.08.2023
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News by
Egypt independent
Fawry, Egypt's leading e-payment solutions provider, announced a plan to turn its online payment portal myFawry into a digital bank in 2023.
15.08.2023
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News by
ahram online
The sudden 100 basis point hike, raising the rates to 19.25 percent, took the majority of analysts, including Capital Economics, by surprise.
15.08.2023
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News by
Egypt Today
The TSFE aims to increase and develop the size and scope of investments in Egypt, with a focus on priority sectors for the development and growth.
15.08.2023
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News by
Egypt independent
Egypt's General Authority for Investment and Free Zones (GAFI) is planning to promote its new online platform for establishing companies in Egypt.
15.08.2023
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News by
ahram online
The Central Bank of Egypt (CBE) auctioned €600 million ($656.29 million) worth of treasury bills on Monday, according to the bank's website.
15.08.2023
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News by
ahram online
The public treasury contributes about 44.6% of the amount to finance projects in the fields of agriculture, education, sanitation, drinking water, etc
14.08.2023
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News by
Egypt Today
Egypt has secured $2.1 billion in concessional financing to the private sector from international partners since the start of 2023.
14.08.2023
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News by
ahram online
The IMF’s first review was originally scheduled for March, but failed to take place.
14.08.2023
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News by
Egypt independent
Egypt has lowered its estimates for the debt-to-GDP ratio to 95.6 percent for the fiscal year 2022/2023, down from 97 percent.
13.08.2023
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News by
ahram online
The Africa50 Fund aims to invest in infrastructure, focusing on sectors such as energy, transportation, information and communication and technology.
13.08.2023
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News by
Egypt Today