According to a recent report, CBE noted a decrease in the ratio of non-performing loans to 3% at the close of 2023.
25.03.2024
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News by
Daily News Egypt
This has resulted in the prompt release of goods, particularly food commodities, medicines, feed, and production necessities.
25.03.2024
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News by
Egypt Today
Commercial International Bank (CIB) has raised the yields on its new EGP-denominated fixed-rate certificates of deposits (CDs) by two percent.
25.03.2024
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News by
Ahram Online
Its primary objective is to stimulate investments in various sectors, including agriculture, commerce, import-export, and tourism.
24.03.2024
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News by
Egypt Today
Egypt's budgetary measures reflect a delicate balance between economic growth, fiscal discipline, and social welfare priorities.
Papers by
Egypt-Business.com
Maait also mentioned that a significant space for public investments in the state has been left for the private sector to thrive.
21.03.2024
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News by
Egypt Today
El-Sisi also directed to continue and enhance efforts to alleviate burdens on citizens, particularly in terms of controlling inflation.
21.03.2024
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News by
Egypt Today
The Egyptian government in December raised the target of subsidizing petroleum products in the current fiscal year by 9%.
21.03.2024
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News by
Egypt Independent
The exchange rates of foreign and Arab currencies declined against the Egyptian pound at the end of trading on Tuesday in Egyptian banks.
20.03.2024
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News by
See news
S&P Global views Egypt’s exchange rate liberalization as a crucial milestone in bolstering confidence and fostering economic growth.
20.03.2024
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News by
economy middle east
Minister of Finance Mohamed Maait said the state is placing a stringent ceiling of EGP 1 trillion on public investments in the upcoming fiscal year.
20.03.2024
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News by
Ahram Online
The foundation saw a 21% increase in disbursed funds, injecting approximately EGP 2.341bn into client projects, up from EGP 1.94bn in 2022.
20.03.2024
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News by
Daily News Egypt
The bank announced that this support includes $3 billion for financial backing to Government’s programs and $3 billion for the private sector.
19.03.2024
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News by
SIS
The index encountered a technical glitch earlier in the day displaying inflated gains, before the issue got fixed towards the end of the trading.
19.03.2024
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News by
Reuters
The market capitalisation of Arab stock exchanges witnessed an increase to approximately $4.54trn in February, up from around $4.4trn in January.
18.03.2024
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News by
Daily News Egypt
Italian Prime Minister Giorgia Meloni says she will be in Cairo on Sunday to sign an agreement between Europe and Egypt.
17.03.2024
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News by
Africa news
Egyptians abroad had been holding onto their funds or sending them home outside the banking system via the black market.
14.03.2024
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News by
Middle east monitor
