Browsing Category
Main
Egypt sees an increase on its annual headline inflation during March – CAPMAS
Egypt's annual headline inflation rate increased by 0.6 percent month-on-month (MoM) to 110.9 points in March, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Thursday.…
Read More...
Read More...
IMF improves Egypt budget deficit projections in its Fiscal Monitor Report
The International Monetary Fund (IMF) said that Egypt’s fiscal position has improved over the past six months, though debt is expected to rise at a quicker pace than before according to Figures in the…
Read More...
Read More...
Egypt is among top 10 fertilizers exporters around the world, Gamea
Egypt has become one of the world’s top 10 fertilizers exporters as the Egyptian government pays big attention to developing the fertilizer industry and production, Trade and Industry Minister Nevine…
Read More...
Read More...
Egypt’s financial regulator mulls caps on margin trading
The Financial Regulatory Authority (FRA) would introduce caps on how much stock investors can buy with borrowed funds in order to rein in margin trading, the regulator said (pdf) yesterday.
Read More...
Read More...
CIB joins framework for climate-related financial disclosure, first in Egypt
CIB has joined the Task Force on Climate-Related Financial Disclosures, becoming the first bank in Egypt to sign up to the initiative, it said in a statement.
Read More...
Read More...
NBE maintains top spot for syndicated loans in Egypt, Africa -Bloomberg
The National Bank of Egypt (NBE) has maintained the first spot for syndicated loans in Egypt and Africa during the first quarter of 2021, a Bloomberg evaluation shows.
Read More...
Read More...
AfDB board approves €145 million loan for Egypt rail system upgrade scheme
The African Development Bank’s (AfDB) board approved on Tuesday a €145 million ($171.7 million) loan to finance reliability and performance upgrades to Egypt rail system.
Read More...
Read More...
CBE, Supply Ministry sign finance agreement to develop bakeries through banks
The Central Bank of Egypt (CBE) and the Ministry of Supply and Internal Trade have signed an agreement to provide the finance needed to develop Eish baladi (Egyptian bread) bakeries.
Read More...
Read More...
National Bank of Egypt launches a new product to finance food carts
National Bank of Egypt (NBE), the country’s largest state bank, announced that it has launched a new financial product to finance food carts i.e street Food, the first of its kind in the Egyptian…
Read More...
Read More...
Banque du Caire, Fawry sign contract for remittance transfer service
Banque du Caire and EGX-listed e-payments platform Fawry have signed a new agreement to set up an instant remittance transfer service through the bank’s branches.
Read More...
Read More...


