Abu Dhabi Islamic Bank leads EGP 5.5bn financing deal for Giza Systems, VAS Integrated Solutions
Deal represents first dual-structured financing compatible with Islamic Sharia in Egypt in…
CBE raises interest rates to curb inflation amid financial control measures
The Central Bank of Egypt (CBE) anticipates persistent inflationary pressures in the…
Banks to review interest rates on savings, loans after CBE’s 2% rate hike
The Assets and Liabilities Committees (ALCO), which are in charge of setting…
CBE to launch $1bn tender for local treasury bills in US currency
The Central Bank of Egypt (CBE) will launch a tender for local…
CBE to discuss EGP interest rate fate for first time in 2024
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…
Egypt’s Ministry of Finance to issue EGP 540.25bn worth of T-bills, bonds in February
The Ministry of Finance plans to launch 25 auctions for treasury bills…
Five banks finance over 210,000 projects with EGP 27.8bn under ‘Mashrou’ak’ initiative
Banks are NBE, Banque Msir, Banque du Caire, HDB, and ABE
ADCB collaborates with UNIDO to support green growth in Egypt
Abu Dhabi Commercial Bank Egypt (ADCB) has joined the Inclusive Green Growth…
Abu Dhabi Islamic Finance’s Arzaq gets licence to open 13 branches in 10 Egyptian governorates
Arzaq, a microfinance company owned by Abu Dhabi Islamic Bank Egypt, has…
ABE reports impressive growth in business results for 2023
Loan portfolio increases to EGP 78.8bn, benefiting 543,177 customers with 23% growth