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Money
CIB is Egypt’s most valuable banking brand: The Banker
Egypt’s largest listed lender, Commercial International Bank (CIB) has been named as the most valuable banking…
3 insurers vying to win Egyptian pilgrims’ insurance cover tender
Three insurers are competing to win this year’s pilgrimage travel insurance cover tender launched by the Egyptian…
China Export-Import Bank may finance electric train project in Egypt
The Export-Import Bank of China (Chexim) is offering to finance a project to build an electric train linking…
Egypt to raise maximum issuance of dollar bonds to up to $7 billion
Egypt is to raise the maximum amount of dollar bonds it can issue on international markets to $7 billion, a Cabinet…
Egypt’s oldest bank Banque Misr sets up presence in Chinese port city
Egypt's oldest bank, Banque Misr has officially opened its Guangzhou representative office in Guangdong province to…
AAIB bank Egypt to complete technology upgrade in June
Egypt’s Arab African International Bank (AAIB) plans to complete upgrading its information technology systems…
Egypt signs Arab Fund $85 million finance for photovoltaic power plant
Egypt has signed Wednesday the Arab Fund for Economic and Social Development (AFESD) financing agreement worth 6…
EXCLUSIVE: share of 9 banks in Egypt’s EGAS loan
A consortium of nine Egyptian and Arab banks has completed arranging a loan worth 1.8 billion Egyptian pounds…
CBE governor chairs Egypt delegation for IMF, World Bank spring meetings
Tarek Amer, governor of the Central Bank of Egypt, is heading his country’s high-level delegation of central bank…
World Bank forecasts 5.3% growth for Egypt in FY2018/19
The World Bank Group said Monday it forecast Egypt’s economy to grow by 4.6 percent in the 2017-18 financial year…