The bank recorded a profit before tax of EGP 9 billion by the end of December 2025, marking a yoy growth of 19% ...

Financial results for 2025 indicate strong performance across all business segments as total assets increased to EGP 347 ...

CAIRO (AP) — The Central Bank of Egypt raised interest rates Thursday as the country continues to battle double-digit inflation amid a sharp currency devaluation. In a statement, the bank's monetary ...

CAIROCAIRO — The central banks of the United Arab Emirates and Egypt agreed Thursday to a currency exchange deal, which could bolster the struggling Egyptian economy. A joint news release said the ...

CAIRO, Oct 5 (Reuters) - The new governor of Egypt's central bank, Hassan Abdalla, has alerted Egyptian banks it may soon allow them to begin trading in non-deliverable forwards (NDFs) and derivatives ...

Bank trading desks made hundreds of millions of dollars in revenue following dramatic moves in Egypt’s bond and currency markets earlier this year. Citigroup made more than US$100m in fixed income and ...

CAIRO, Feb 9 (Reuters) - Analysts expect Egypt's central bank to cut its overnight interest rates by 100 basis points on Thursday, extending an easing cycle as inflation falls, a Reuters poll showed ...

June 13 (Reuters) - Egypt's Ministry of Finance has invited banks to pitch for an advisory position on the sale of its 20% stake in Bank of Alexandria, a subsidiary of Italy's Intesa Sanpaolo, two ...

Egypt has paid close to $39 billion in external debt service in fiscal year 2024-25, according to the central bank report. Cairo paid $7.9 billion in the first quarter, $13 billion in the second ...

CAIRO — The central banks of the United Arab Emirates and Egypt agreed Thursday to a currency exchange deal, which could bolster the struggling Egyptian economy. A joint news release said the ...