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Money
IMF: Egypt’s economy seeing ‘broad-based’ growth
The International Monetary Fund says Egypt’s economic growth is driven by a “broad-based” recovery across…
The Bank of Japan keeps its monetary policy steady
Bank of Japan said Tuesday it is holding its monetary policy steady, even as its peers in the U.S. and Europe begin…
Emirates NBD Egypt posts 847 million pounds in nine-month profit
The Egyptian arm of Dubai largest lender Emirates NBD has posted a nine-month profit worth 847 million Egyptian…
Mohandes, Egypt’s NBE bank sign credit insurance cover deal for SME loans
Egypt’s Mohandes Insurance Company has signed Monday a credit insurance cover agreement with the country’s largest…
UK’s CDC Group pumps $97 million in Egypt solar power scheme
The UK’s development finance institution CDC Group said Sunday it had invested around $97 million in a solar power…
We’ve seen an 82 percent jump in bitcoin-related jobs, says employment website CEO
Bitcoin-related jobs are the fastest growing category of role on international employment marketplace Freelancer,…
Fawry negotiates with banks to collect monthly installments in Egypt
Egypt's electronic payment provider Fawry says it is negotiating with a number of banks to provide the monthly…
Banque Du Caire may pump €35 mln into Suez Canal and railway loans
Banque Du Caire, one of Egypt’s largest and oldest public banks, is considering spending between €30 million and…
Saudi regulator calls for consolidation in crowded insurance sector
Saudi Arabia’s insurance industry needs more consolidation and foreign input to help create solid companies capable…
IMF starts second review of Egypt’s economic reform programme
An IMF delegation started to conduct the second periodic review of Egypt’s economic reform programme in…