Browsing: surge

Arab investments in Egypt soared to $41.5bn during the fiscal year 2023/2024, a significant rise from $7.3bn the previous year,…

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

The Central Bank of Egypt (CBE) announced on Monday that remittances from Egyptians working abroad have surged to an unprecedented…

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…