Browsing: Banking

Remittances from Egyptians working abroad remain one of the most significant and enduring sources of foreign exchange for Egypt. They…

Banque Misr has signed a credit facility agreement with Hyde Park Developments, providing EGP 2.6bn in financing to support the…

The Central Bank of Egypt (CBE) has reported a significant rise in net foreign assets (NFA) within the banking sector,…

Egypt’s banking sector, encompassing both the Central Bank of Egypt (CBE) and commercial banks, has experienced a dramatic recovery in…

The Islamic banking sector in Egypt reached EGP 1.14trn in 2024, representing approximately 5% of the total banking market, according…

Commercial International Bank – Egypt (CIB) and Kenya Bankers Association (KBA) have announced the launch of the third edition of…

The Central Bank of Egypt (CBE) has once again opted to keep interest rates unchanged, marking the seventh consecutive time…

As part of Egypt’s commitment to deepening ties with African nations, the Central Bank of Egypt (CBE) has welcomed a…

The Housing and Development Bank (HDB) has reported a substantial increase in pre-tax and provisioned profits, reaching EGP 16.855bn in…

The Commercial International Bank (CIB) has successfully completed an EGP 7bn non-sovereign Sukuk issuance for “Tasaheel” for Finance, through Alkan…