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Egypt seeks  to decrease the overall deficit to GDP ratio to 6.6 percent as well as reaching a 1.5 percent initial surplus for  FY2021/2022 budget plan, Minister of Finance Mohamed Maait said.
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The Central Bank of Egypt (CBE) and the Financial Regulatory Authority (FRA) have agreed, during an expanded meeting, to establish a fund to finance financial intermediation companies.
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The UK will establish a new finance facility, located in Egypt, that aims to reinforce trade ties between the two countries, particularly in the exports sector, said Emma Wade-Smith, the UK’s Trade…
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The International Finance Corporation (IFC), a member of the World Bank Group, is cooperating with the Egyptian Fintech Association to support financial technology (fintech) entrepreneurs as part of a…
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The Central Bank of Egypt (CBE) issued new set of regulations for banks to facilitate measures required for opening new bank accounts for citizens.
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Egypt’s stock exchange’s (EGX) indexes closed higher on Wednesday, with the benchmark EGX 30 index climbing 2.20 percent to 10,702 points buoyed by local investors’ buying appetite
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Abu Dhabi Islamic Bank Egypt (ADIB Egypt) reported on Wednesday positive consolidated financial results for the financial year ending December 31, 2020 despite the many economic challenges of that…
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The World Bank plans to focus on improved governance, private sector job creation and social inclusion in Egypt under its 2021-2025 Country Partnership Framework, which the bank is currently drawing…
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Eleven FinTech Startups Showcase solutions to address covid-19 challenges at the “COVID-19 Innovation Sprint” Events which were hosted by the Central Bank of Egypt.
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The Agricultural Bank of Egypt (ABE) has commenced a restructure plan to develop the Egyptian Company for Agricultural and Rural Development has commenced, the bank’s chairperson Alaa Farouk revealed.
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