Passenger car sales dropped by close to 40% year-on-year (YoY), with bus and truck sales also falling by a third
The long-term Tier II financing will accelerate Banque du Caire’s growth plans by improving capital and guaranteeing much-needed funds to increase the bank’s growth in various sectors
NFAs improved to minus EGP 494.3 billion from November 2022’s minus EGP 541.5 billion, up around $2.06 billion
The two state banks announced that they would stop issuing the high-yield CDs later today
Egypt has been working on developing its production and export sector to reach its goal of $100 billion in exports