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Money
EFG Hermes unit, EALB bank join forces to support Egypt small businesses
EFG Hermes Leasing, a wholly-owned subsidiary of investment bank EFG Hermes, signed Wednesday a cooperation…
Estonia plans to launch its own government-backed cryptocurrency called…
Estonia is looking to issue its own virtual currency with the help of Ethereum founder Vitalik Buterin. The…
Egypt central bank says no intention to pass bitcoin trading legislation
Egypt’s central bank said Wednesday it has no intention of issuing legislation or passing a special law that allows…
Strong euro leads big bond buyers into government debt rethink
The euro's double-digit gains this year are prompting some of the world's biggest money managers to view European…
Egypt’s policy measures improve banking but investments slow: BLOM official
Egypt's policy decisions last November to float the pound and subsequently raise interest rates have improved…
CBE says Egypt has sold €659.9 mln in one-year treasury bills
Egypt has sold 659.9 million euros ($777.56 million) in one-year treasury bills on Monday, central bank of Egypt…
Four Egyptian banks on UAB list of top 1000 banks
The Union of Arab Banks (UAB) included four Egyptian banks to its annual Top 1000 World Banks ranking that released…
ADIB-Egypt H1 net profit grows 23.8%
Abu Dhabi Islamic Bank (ADIB) says first-half net profit in Egypt rose 23.8 percent from a year ago to record 211.9…
Egypt names former bourse chief Mohamed Omran as FSA head
Egypt has picked former stock market chief Mohamed Omran to lead the Egyptian Financial Supervisory Authority…
Egypt lures back investors with higher rates, quickening growth: experts
In Egypt, it's not just ancient antiquities being rediscovered, as the North African country's asset markets have…