Egypt’s foreign exchange reserves increased by $108 million in August (Central Bank).

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• September 30, 2024

Corporate loans rose by 21.2% in the first seven months of 2024 (Central Bank).

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• September 30, 2024

The government plans to sell part of its shares in the United Bank to investors on the stock exchange within six months (Press Release).

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• September 30, 2024

The U.S. Federal Reserve began lowering interest rates for the first time since March 2020 (Enterprise Website).

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• September 30, 2024

The Central Bank of Egypt has decided to stabilize interest rates until October (Central Bank).

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• September 30, 2024

CIB’s Board selected Hisham Ezz Al Arab as CEO and Nevin Sabor as the Non-Executive Chairman, making her the first woman to chair the Board of Directors (Press Release).

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• September 30, 2024

The CEO of Banque Misr is moving to lead NBE as part of a wave of transfers among heads of government banks (Al-Masry Alyoum Website).

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• September 30, 2024