Browsing Category
Featured
CBE to launch innovation fund before 2019 end
The Central Bank of Egypt is set to launch Fintech innovation fund before the end of the current year, Ayman…
United Bank of Egypt’s loan portfolio rises 15% by May-end: chairman
United Bank of Egypt’s loan portfolio increased 15 percent to around 13 billion Egyptian pounds ($774.6 million) at…
Egypt’s Banque du Caire looking to open 80 new branches in 3Yrs
Egyptian state-owned lender Banque du Caire is planning to inaugurate 80 new branches within three years, its…
Egypt’s former president Morsi buried in Cairo, son says
Former Egyptian president Mohamed Morsi has been buried alongside other senior figures of the Muslim Brotherhood in…
Egypt’s trade with China rises 27.6% in 2018 – report
Trade exchange between Egypt and China increased 27.6 percent during 2018, recording $13.8 billion, according to…
$200bn pumped into Egypt’s banking sector since 2016: Amer
Central Bank of Egypt (CBE) Governor Tarek Amer said that $200 billion have been injected into the Egyptian banking…
€500mn allocated for Egypt-EU 4-year plan: PM
Egypt's Prime Minister Moustafa Madbouly said on Sunday €500 million have been allocated to put into force a…
Egypt, Israel Electric Corp ink $500 mln settlement – EGAS
Egypt has signed a $500 million settlement with state-owned Israel Electric Corp over a defunct natural gas deal,…
Egyptian former president Mohamed Morsi dies in court
Egyptian former president Mohamed Morsi has died after fainting in a courtroom, state TV reported on Monday.
30-40% of Banque du Caire shares to be floated by 2019 end: Amer
Governor of the Central Bank of Egypt (CBE), Tarek Amer, announced that 30-40% of the shares at Banque du Caire…
