USD dips against Egyptian Pound – CBE
The Central Bank of Egypt (CBE) reported the average exchange rates for the USD in the official foreign exchange…
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Egyptian pound rises versus USD – CBE
The Central Bank of Egypt (CBE) announced the average exchange rates of USD in the official FX market on Wednesday,…
Banque du Caire injects over EGP1 b for micro enterprise loan product
Banque du Caire revealed on Thursday that it had secured more than a billion Egyptian pounds for Engaz loan for…
Short sellers bet against PBB bank
Short sellers are betting against almost 8 per cent of Deutsche Pfandbriefbank’s (PBB) shares due to concerns about…
Emirates NBD-Egypt bank launches solar energy loans
Emirates NBD-Egypt announced on Tuesday a personal loan offering for solar panel purchases, promoting the use of…
Nordea predicts strong return on equity despite Q4 profit shortfall
Nordea, Nordic region’s largest bank, announced a fourth-quarter profit that fell short of expectations on Monday.…
UniCredit targets ’24 success, to mirror ’23 performance
UniCredit bank announced on Monday that it aims to replicate its 2023 performance in 2024, despite economic…
CBE mourns prominent bankers Hatem Sadiq, Gamal Muharram
With deep regret and sorrow, Mr. Hassan Abdullah, Governor of the Central Bank of Egypt, and his deputies mourn the…
Deutsche Bank acquires UK broker Numis
Deutsche Bank has completed its full acquisition of London-based boutique investment bank, Numis, the German bank…
Banque du Caire launches central security unit
Banque du Caire launched a central security control unit to monitor operations at its branches, said an emailed…
