Latest News for: egps

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Egypt’s CBE issues EGP 10b FRN T-bonds

Amwal Al Ghad 24 Mar 2025
The Central Bank of Egypt (CBE) announced on Monday the issuance of 10 billion Egyptian pounds worth of floating-rate note (FRN) treasury bonds ....
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EGP swings against USD in early trade

Amwal Al Ghad 24 Mar 2025
The Egyptian pound (EGP) saw fluctuations against the US dollar (USD) in early trading on Monday, March 24, 2025 ....
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Egypt's Microfinance Sector Approaches EGP 100Bn In 2024: MSMEF

MENA FN 24 Mar 2025
(MENAFN - Daily News Egypt) Mona Zulficar, Chairperson of the Egyptian Federation for Financing Medium, Small, and Micro Projects (MSMEF), announced that Egypt's microfinance sector has seen ... .
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Microfinance Companies Inject EGP 80.4Bn Into Msmes In January 2025: FRA

MENA FN 24 Mar 2025
(MENAFN - Daily News Egypt) The Financial Regulatory Authority (FRA) has reported that licenced microfinance companies and associations provided a total of EGP 80.409bn in funding to micro, small, ... .
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Misr Cement Group Reports EGP 272 Million Profit In 2024, Marking 136% Growth

MENA FN 24 Mar 2025
(MENAFN - Daily News Egypt) Misr Cement Group has announced a significant surge in its financial performance for 2024, reporting a net profit of EGP 272 million, a 136% increase compared to the ... .
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Sinai Cement Achieves EGP 3Bn Net Profit In 2024, Boosts Market Share

MENA FN 24 Mar 2025
(MENAFN - Daily News Egypt) Sinai Cement has reported massive growth across multiple performance metrics for 2024, achieving a net profit of EGP 3.077bn, a remarkable recovery from a net loss of EGP ... .
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EGP closes high vs. USD on Monday – CBE

Amwal Al Ghad 24 Mar 2025
The Egyptian pound (EGP) appreciated against the US dollar (USD) on Monday, March 24, 2025, according to data from the Central Bank of Egypt (CBE) ....
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EGP slips vs. USD in early Sunday trade

Amwal Al Ghad 23 Mar 2025
The Egyptian pound (EGP) dropped against the US dollar (USD) in early trading on Sunday, March 23, 2025.on Sunday, March 23, 2025 ....
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CBE Reports EGP 133.4Bn In Net Profits For February 2025

MENA FN 23 Mar 2025
(MENAFN - Daily News Egypt) The Central Bank of Egypt (CBE) recorded a net profit of EGP 133.4bn in February 2025, up from EGP 123.9bn in January, according to its latest financial statement. Total ... .
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Suez Canal Bank Approves Bonus Shares Worth EGP 3.5Bn

MENA FN 23 Mar 2025
(MENAFN - Daily News Egypt) The Ordinary General Assembly of Suez Canal Bank has approved the profit distribution plan for the 2024 fiscal year, which includes issuing bonus shares worth EGP 3.5bn ... .
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Egypt’s c. bank offers EGP 105b in T-bills

Amwal Al Ghad 23 Mar 2025
The Central Bank of Egypt (CBE), in coordination with the Ministry of Finance, is offering 105 billion Egyptian pounds in treasury bills (T-bills) on Sunday ....
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EGP down against USD on Sunday

Amwal Al Ghad 23 Mar 2025
The Egyptian pound declined against the US dollar on Sunday, March 23, 2025, according to data from the Central Bank of Egypt (CBE) ....
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Egypt’s microfinance sector approaches EGP 100bn in 2024: MSMEF

Daily News Egypt 23 Mar 2025
Of this, NGOs and civil society institutions licensed by the Financial Regulatory Authority (FRA) served 1.7 million clients with a total of EGP 21.7bn. Microfinance companies funded 1.9 million clients, amounting to EGP 41.5bn.
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