Money ADIB-Egypt bank to hike capital to EGP 5 billion in August Mostafa Mahmoud Mar 28, 2022 0 Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt) said on Monday it plans to hike its issued and paid-up capital to 5…
Money Egypt issues samurai bonds in Japan, first int’l offering since pound devaluation Mostafa Mahmoud Mar 24, 2022 0 Egypt has issued 60 billion yen ($493.26 million) in Samurai bonds in the Japanese market, the country’s finance…
Money As pound devalues, Egypt to adjust customs dollar exchange rate to 16 per dollar Mostafa Mahmoud Mar 21, 2022 0 Egypt will begin setting its dollar exchange rate for customs to 16 percent as of end of April, said Minister of…
Money Egypt to issue Samurai bonds by June-end: official Mostafa Mahmoud Mar 15, 2022 0 Egypt plans to issue its Japanese yen-denominated Samurai bonds at the end of the current financial year 2021/2022,…
Money GGF fund provides first tier II capital in Egypt to Banque du Cairo Mostafa Mahmoud Feb 17, 2022 0 Banque du Cairo has secured a $30 million loan from the Green for Growth Fund (GGF) to strengthen the bank’s…
Money QNB ALAHLI 2021 pretax profit at EGP 10.8 billion Mostafa Mahmoud Jan 11, 2022 0 QNB ALAHLI, the Egyptian unit of Qatar National Bank, said on Tuesday year growth its pretax profit for 2021 rose…
Money Egypt ready to join JP Morgan bond index late January 2022 – minister Mostafa Mahmoud Dec 12, 2021 0 Egypt is ready to officially join the JP Morgan emerging-market government bond index starting late January 2022,…
Money Abu Dhabi Islamic Bank Egypt approves takeover bid for Assiut Islamic Trading Mostafa Mahmoud Feb 22, 2021 0 The board of Abu Dhabi Islamic Bank Egypt (ADIB Egypt) on Sunday has given a green light to the takeover bid…
Money Saudi Al Sharif signs EGP 1 bln loan for Egypt’s iconic Shepheard Hotel renovation project Mostafa Mahmoud Feb 17, 2021 0 Saudi engineering, procurement, and construction company Al Sharif Group Holding (ASG) has on Tuesday signed a…
Feature Egypt’s CBE amends tourism support initiative Mostafa Mahmoud Feb 15, 2021 0 The Central Bank of Egypt (CBE) amended some provisions of its tourism support initiative guaranteed by the…