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International Monetary Fund

Banking & Finance

Egypt’s credit score downgraded by Fitch Ratings to ‘B-‘

MEA Finance - November 5, 2023 0

The ratings agency said it expects Egypt to face a significant rise in external debt maturities in fiscal years ending June 2024 and June 2025

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Banking & Finance

Egyptian banks suspend debit card use in foreign currency

MEA Finance - October 10, 2023 0

Commercial International Bank told accountholders that debit cards could only be used for Egyptian pound transactions within the country.

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Latest news

United Arab Bank celebrates 50 years of achievement, unveils new brand identity

October 30, 2025

NBF reports record AED 945 Million net profit for 9M 2025, Up 45% Year-on-Year

October 29, 2025

Dubai Islamic Bank posts record revenues of AED 9.7 Billion as assets near AED 400 Billion

October 29, 2025

United Arab Bank net profit up by 49% for the nine months ended September 2025

October 29, 2025

ADCB reports AED 9.1 Billion profit before tax for 9M 2025, marking 17 consecutive quarters of growth

October 28, 2025

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