Raseedy has officially launched the first independent licensed digital wallet in Egypt, in partnership with saib Bank …
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The African Development Bank (AfDB) on Wednesday said its board of directors approved $500,000 in emergency assistance …
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BanksFeatureMoney
First Abu Dhabi Bank suspends talks to acquire Bank Audi’s Egyptian business amid coronavirus crisis
Given the exceptional circumstances caused by the coronavirus crisis, First Abu Dhabi Bank (FAB) has suspended all …
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Banque Misr and National Bank of Egypt have collected revenues of 136 billion Egyptian pounds from selling …
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Foreign investors sold more than half of their Egyptian pound treasury bill (T-bills) holdings in March, according …
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Egypt’s gold reserves, a major component of foreign cash reserves, surged to around $3.705 billion in April …
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FeatureFinancial InstitutionsMoney
Pharos: Egypt’s central bank to keep interest rates unchanged in next meeting
The Central Bank of Egypt (CBE) is likely to keep interest rates steady when the Monetary Policy …
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BanksFeatureMoney
Egypt’s foreign reserves fall to $37.037 billion at end-April as coronavirus crisis hit
Egypt’s foreign reserves fell to $37.037 billion at the end of April from $40.108 billion at the …
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The National Bank of Egypt, the oldest commercial lender in the country, is currently studying the possibility …
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Banque Misr and National Bank of Egypt have collected revenues of 86 billion Egyptian pounds from selling …
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