Reforms since 2014 ease macroeconomic imbalances, enhance performance of energy sector, and mobilize financing enabled the country to face crises.
10.01.2023
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Egypt Today
"whatever the circumstances might be, supporting Egypt means supporting Arab stability and resilience above all else." He said.
10.01.2023
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The certificates are also available at a 22.5 percent yield for monthly disbursement.
09.01.2023
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Ahram Online
The decision, was issued in 2021, and will enter into force in 2024, restricts any contracts with bodies, institutions, and funds affiliated with gov.
09.01.2023
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The head of Banque Misr confirmed that this scenario had been repeated before, as banks offered certificates and savings with a 20% return in 2017.
07.01.2023
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Sisi put the total value of development achieved in Sohag so far at 102 billion pounds. Ans what upgrading the rest of the governorates would cost.
07.01.2023
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Egypt Independent
The CBE revealed that banks are obligated to increase the portfolio of loans and credit facilities directed to SMEs to reach 25% of their total credit
07.01.2023
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Zawya
With more than Dh147 billion ($40 billion) in assets at the end of September, ADIB is also active in Saudi Arabia, the UK, Sudan and Iraq.
07.01.2023
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The National News
Bahrani Arab Banking Corporation (Bank ABC) has completed the legal merger of its two Egyptian subsidiaries BLOM Bank Egypt and Bank ABC Egypt.
07.01.2023
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Zawya
Economists said that Banque Misr’s announcement on Wednesday of a one-year savings certificate with 25 interest rate will help to curb inflation.
06.01.2023
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Egypt Independent
NBE announced on Thursday that 140 of its branches nationwide will be opened on both Friday (from 2 PM to 6 PM) and on Sunday (from 9 AM to 3 PM).
06.01.2023
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Ahram Online
The first goal is to provide the largest number of jobs and attract investments, whether local or foreign.
06.01.2023
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Egypt Today
Egypt’s central bank hiked overnight interest rates by 300 basis points on Thursday, December 22, in an attempt to curb inflation rates.
06.01.2023
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Egypt Independent
Bank confirms acquisition of additional 2.4% stake in ADIB Egypt.
06.01.2023
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News by
Zawya
In total, MENA’s startups raised $125 million over 38 deals in December, bringing the total amount raised in 2022 to $3.6 billion.
06.01.2023
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Ahram Online
Prime Minister Mostafa Madbouli stated during the ceremony that 6,340 new classrooms were built in Sohag at a cost of LE2 billion.
06.01.2023
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Egypt Today
Currency flexibility is a key demand by the International Monetary Fund, which approved a 46-month, $3 billion financial rescue package in October.
05.01.2023
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News by
Reuters
This is the highest ever in Egypt. return of the certificate is paid at 25% interest at the end of the term, or at a monthly rate of 22.5%.
05.01.2023
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Egypt Today
Nafie said that: “The ministry handed over the Egyptian people to greedy merchants, and helped to magnify the role of monopolists".
05.01.2023
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News by
Egypt Independent
The two banks have now become a single legal entity after receiving final regulatory approvals, including those of the Central Bank of Egypt.
05.01.2023
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Marketscreener