Browsing: surge

The Central Bank of Egypt (CBE) has announced that remittances from Egyptians working abroad rose by 81% during the first…

Gold prices in Egypt surged by 7% over the past week, rising by EGP 310 to close at EGP 4,690…

United Bank has announced standalone pre-tax profits of EGP 3.61 bn in 2024, a 58% increase from EGP 2.28bn in…

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

Egypt’s foreign exchange earnings reached $159.6bn in the 2023/2024 fiscal year, marking a 30.8% increase from the $121.9bn reported in…