Browsing: Banking

The African Development Bank (AfDB) will provide Egypt with $746m in funding in 2025, matching the amount projected for 2026,…

A banking consortium led by Banque Misr, in cooperation with Abu Dhabi Commercial Bank–Egypt (ADCB), has arranged a syndicated loan…

Suez Canal Bank reported net profits of EGP 1.3bn for the first quarter (Q1) of 2025, more than double the…

The Agricultural Bank of Egypt (ABE) has announced the formation of a new Board of Directors for a three-year term,…

The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) will hold its third scheduled meeting of 2025 on Thursday…

CARITech, a leading digital transformation consultancy specializing in core banking modernization, has announced a strategic partnership with Finastra, a global…

Nigel Clarke, Deputy Managing Director of the International Monetary Fund (IMF), stated that the Central Bank of Egypt’s (CBE) balanced…

Hassan Abdallah, Governor of the Central Bank of Egypt (CBE), met with Nigel Clarke, Deputy Managing Director of the International…

Headline inflation stood at 13.9% y-o-y in April, broadly unchanged from March. This steady annual figure is largely base-effect driven,…

The value of gold in Egypt’s international reserves rose sharply by approximately $2.985bn during the first four months of 2025,…