The National Bank of Egypt (NBE) signed an agreement with Orascom Investment Holding to finance the development of the sound and light show at the Pyramids of Giza. Read More...
The Egyptian banking system implemented about one billion electronic transactions, with a value exceeding EGP 2.8trn, during fiscal year (FY) 2020/21, compared to nearly EGP 1.9trn during FY 2019/20,… Read More...
The European Bank for Reconstruction and Development (EBRD) is studying directing a sovereign loan worth €250 million to Egypt to modernise and rehabilitate Cairo Metro’s second line. Read More...
Egypt has become the 32nd member state of Africa Finance Corporation (AFC), the region’s leading infrastructure solutions provider, opening up a potential $1billion of investments. Read More...
Egypt's balance of trade deficit shrank by 27.8% to $2.94 billion in June, compared to $4.07 billion in the same month a year earlier,according to recent data from the Central Agency for Public… Read More...
The Central Bank of Egypt (CBE) is expected to leave interest rates unchanged in its next meeting on Thursday, 16 September, according to a research note issued by HC Securities & Investment on… Read More...
The Agricultural Bank of Egypt (ABE) has announced the provision of new facilities to the beneficiaries of “Bab Rizq” microfinance programme, as part of the Central Bank of Egypt’s (CBE) initiative to… Read More...
Egypt is seeking to increase the number and frequency of its issuances of green bonds following a successful $750 million sale a year ago, Deputy Finance Minister Ahmed Kouchouk said. Read More...
The European Bank for Reconstruction and Development (EBRD) announced securing a loan of $25 billion to the National Bank of Kuwait Egypt (NBKE). Read More...