Egypt’s banks are walking a tightrope between absorbing excess liquidity and defending the pound against fresh foreign-exchange pressures.
Updated 5/6/2026 10:47:00 AMFirst Abu Dhabi Bank Misr (FABMISR) recorded a 31% year-on-year (YoY) growth in core operating performance during the first quarter (Q1) of 2025 after neutralizing the impact of foreign exchange (FX) rates
Updated 5/14/2025 9:12:00 AM
The state-run Banque Misr has implemented a fresh monthly limit on overseas cash withdrawals for credit card holders.
Updated 1/22/2024 7:56:00 AM
JP Morgan has decided to exclude Egypt from its Government Bond Index-Emerging Markets (GBI-EM) index.
Updated 1/11/2024 4:03:00 AM