The statement further indicated that total equity rose to LE 162.413 billion, compared to LE 150.667 billion in September.
25.11.2024
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News by
Egypt Today
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
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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
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News by
Ahram Online
These reforms aim to simplify tax compliance and create a supportive environment for entrepreneurship. Here's what you need to know about them.
Papers by
Egypt Business Directory
Transfers will be exclusively received in Egyptian pounds, with fees determined by individual banks based on the currency and country of origin.
21.11.2024
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News by
Egyptian Streets
Egypt’s Central Bank embarked on a rare privatization journey by putting 30% of United Bank up for grabs – only the second such sale in four years.
21.11.2024
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News by
Finimize
The EBRD facility will help cover up to 50 per cent of the credit risk on as much as €50 million in financing for Egyptian SMEs originated by CIB.
21.11.2024
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News by
EBRD
Fitch Ratings has raised the Long-Term Issuer Default Ratings (IDRs) of the largest four banks in Egypt following the recent upgrade.
20.11.2024
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News by
Ahram Online
In contrast, the value of remittances from G20 workers in Egypt amounted to about $215.6 million during the fiscal year 2022/2023.
20.11.2024
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News by
Egypt Today
Annual nationwide headline inflation increased to 26.3 percent in October 2024, up from 26 percent in September 2024.
20.11.2024
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News by
economy middle east
The ICT sector has significantly contributed to GDP in recent years. In 2023, the sector constituted 5.8 percent of GDP.
19.11.2024
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News by
Ahram Online
Egypt secured more than $2.5 billion from International Financial Institutions (IFIs) to finance the private sector's energy projects over 2 years.
19.11.2024
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News by
Ahram Online
The discussions focused on expanding the cooperation portfolio and exploring new areas aligned with Egypt's governmental priorities.
18.11.2024
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News by
Egypt Today
The bank explained that this amendment comes in light of the decision of Interior Minister amending the age of issuing the ID card to be 15 not 16.
14.11.2024
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News by
Egypt Independent
The Central Bank of Egypt (CBE) has denied recent media reports that the country has requested an increase in the upcoming tranche of its $8 billion.
13.11.2024
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News by
Ahram Online
World Bank (WB) Chief Economist for the Middle East and North Africa (MENA) Region Roberta Gatti discussed the latest forecasts.
13.11.2024
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News by
Ahram Online
The United Bank (UB) is aiming to raise between EGP 4.16 billion and EGP 5.14 billion in the upcoming initial public offering (IPO) on the EGX.
13.11.2024
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News by
Ahram Online
Egyptian expat remittance inflows into the country surged to approximately $2.6 billion in August, compared to $1.6 billion in August 2023.
12.11.2024
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News by
Ahram Online
