Egypt was keen to diversify funding sources and enter new financial markets, including "the possibility of heading to Indian financial markets,".
15.11.2023
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News by
Reuters
Ratings agency Fitch has downgraded its credit ratings on four Egyptian banks, including the largest private bank.
15.11.2023
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News by
Reuters
Around 94 percent of Egyptian commuters expect contactless payment options to be available on public transport, according to a survey.
15.11.2023
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News by
Ahram Online
Al-Mana Qatari Group has announced plans to invest more than $60 million in Egypt in 2024.
15.11.2023
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News by
Ahram Online
The remaining $2.4 billion will be distributed to undisclosed companies in Egypt.
15.11.2023
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News by
Egypt Today
These opportunities are spread across 56 state entities, encompassing various sectors such as industry, services, agriculture, and tourism.
14.11.2023
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News by
Egypt Today
The contract reflects MSMEDA’s interest in cooperating with microfinance companies in the Egyptian market to increase the microfinance portfolio.
14.11.2023
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News by
Zawya
The bills, which will be settled on Nov. 14, replace a similar amount of maturing one-year dollar T-bills that bore an average yield of 4.60%.
14.11.2023
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News by
Reuters
The Egyptian cabinet announced that it will hold a press conference soon to provide updates on the government IPO programme and future planning.
14.11.2023
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News by
Ahram Online
The central bank and KIA each currently hold a 49.37% stake in AAIB, with the leftover 1.26% distributed to “others,” explains AAIB’s recent report.
14.11.2023
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News by
Egypt Today
The bank's net profits after tax soared to EGP 3.80 billion, marking a remarkable year-over-year leap of 137.19%.
14.11.2023
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News by
investing
Egypt’s total budget deficit reached 3.2 percent of GDP or more than EGP 383 billion ($12.4 billion) during the first two months of FY23/24.
14.11.2023
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News by
Ahram Online
Kuwait has prolonged the tenor of a $4 billion deposit at the Central Bank of Egypt (CBE) to support the country’s international reserves.
14.11.2023
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News by
Ahram Online
The new company is one of the demands made by expatriates, and aims to invest in major Egyptian projects and national projects.
13.11.2023
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News by
Egypt Independent
Egypt was awarded by the World Bank for its outstanding Strategy for Competition Policies and Competitive Neutrality.
13.11.2023
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News by
Ahram Online
The primary objective of this partnership is to implement health and educational projects.
13.11.2023
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News by
Egypt Today
The CBE is still studying whether remittances transferred via InstaPay will be credited to Egyptian accounts in local or foreign currency.
13.11.2023
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News by
Egypt Today
The MoU includes the launch of a high-level dialogue between the ministries of finance.
13.11.2023
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News by
Zawya
Egypt's annual core inflation rate decelerated by 1.6 percent in October, recording 38.1 percent, down from 39.7 percent in September.
13.11.2023
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News by
Ahram Online
Tarek Fayed, Chairperson and CEO of Banque du Caire, highlighted the importance of this step in providing banking services to the bank’s clients.
13.11.2023
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News by
Daily News Egypt
