Prime Holding rejects deal to sell securities brokerage, custody unit
Egyptian investment bank, Prime Holding on Thursday rejected an offer to take over its unit, Prime Securities…
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Banque du Caire celebrates first graduates of Fast Track Programme
Banque du Caire, one of Egypt’s largest state banks, has celebrated on Friday the first graduates of its Fast Track…
Saudi Arabia’s VMS acquires stake in Egyptian startup Cash Cows
Saudi venture studio VMS has acquired a minority stake in Egyptian start-up accelerator Cash Cows as part of a…
Egypt’s central bank issues new 20-pound polymer banknote
The Central Bank of Egypt (CBE) has on Tuesday issued the new 20-pound polymer banknote.
Banque Misr signs cooperation protocol to launch Nexta e-payment app
Egypt’s second biggest public bank, Banque Misr has signed on Sunday a cooperation protocol with startup Nexta to…
Egypt’s gold reserves hit $7.9 billion in May – c.bank
Egypt’s gold reserves, a major component of foreign cash reserves, rose to $7.949 billion at the end of May from…
Egypt bank deposits surpass EGP 9 trillion at Jan-end: CBE data
Deposits at Egyptian banks rose to 9.021 trillion Egyptian pounds ($292.7 billion) as of the end of January 2023…
CI Capital completes Al Oula’s EGP 1.1 bln securitised bond issuance
CI Capital has announced on Sunday the successful conclusion of securitised bond issuance worth 1.1 billion…
Foreign holdings of Egyptian treasuries at EGP 377.2 bln by February-end: CBE
Foreign holdings in Egyptian treasuries rose to 377.288 billion Egyptian pounds as of the end of February,…
Egypt’s CIB: consolidated pretax profit rises to EGP 8.9 billion in Q1
Commercial International Bank (CIB), one of Egypt’s largest private banks, has registered profit before tax of…