Main

 Banks operating in the Egyptian market have been working on increasing their capital to comply with the country’s new banking law in In the past few days.
Read More...

National Bank of Egypt's (NBE), the country’s largest state bank,  new microfinance and electronic payment arm, Al Ahly Tamkeen, has started to provide its services at certain branches in Upper Egypt.
Read More...

Bilateral trade between Egypt and Uganda reached $110 million in 2020, the Egyptian Commercial Service (ECS) announced.
Read More...

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...

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...

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...

 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...

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...

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...

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...