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Money
AAIB bank, SANAD team up to launch microfinance firm in Egypt
Egypt’s Arab African International Bank (AAIB) and SANAD Fund for MSMEs, are joining to launch a microfinancing…
CI Capital: Egypt set to cut rates soon
Egypt’s central bank is widely expected to bring interest rates down in the coming period, according to investment…
BLOM Bank-Egypt launches asset management unit
BLOM Bank Egypt, the Egyptian arm of Lebanon’s lender BLOM, has recently launched its asset management unit, deputy…
Central Bank Governor Amer says Egypt inflation has peaked
Egyptian Central Bank Governor Tarek Amer said inflation in the most populous Arab country has peaked after policy…
Foreign investments in Egypt debt reach $17.6bn since pound float
Foreigners have invested a total of $17.6 billion in Egyptian debt instruments since the central bank of Egypt…
Egypt’s Acumen seeks AUM to double by year-end
Egypt-based investment bank, Acumen Holding says it plans to double its assets under management to 2.2 billion…
Moody’s says Qatar crisis a negative for all countries involved
Rating agency Moody's said in a report on Wednesday that the three-month-old diplomatic dispute between Qatar and…
U.S. dollar to reach 20 Egyptian pounds in 2019: CNN
A recent report by CNN Arabia has raised two questions: Has the Egyptian pound recovered? Has the Egyptian…
AFI’s Hannig: Egypt successfully organised financial inclusion global conference
Egypt has successfully organised the international conference on financial inclusion, being the largest one of its…
Alliance for Financial Inclusion launches its Africa regional office
The Alliance for Financial Inclusion (AFI) launched Friday its regional office in Africa during its 9th AFI Global…