Banks Egypt’s CBE receives 2nd tranche of IMF loan Yomna Yasser Jul 19, 2017 0 The second tranche of the International Monetary Fund’s (IMF) loan to Egypt, $1.25 billion, has entered the…
Banks Egypt’s CIB agrees to sell 10% of CI Capital Yomna Yasser May 15, 2017 0 Egypt's largest listed bank, Commercial International Bank (CIB) has agreed to sell 10 percent of its investment…
World Europe stocks close lower; VW up by 4.5% Yomna Yasser Jan 10, 2017 0 European stocks closed lower on Monday with banking and oil stocks leading the declines. The pan-European Stoxx 600…
Banks Intesa Sanpaolo secures €110m for Egypt in 2016 Noha Gad Dec 5, 2016 0 Intesa Sanpaolo-Dubai hub Bank has secured €110 million in financing for Egypt throughtout 2016, said head of…
Banks Egypt’s CIB close to finalise sale of CI Capital Noha Gad Dec 1, 2016 0 Egypt's largest listed bank Commercial International Bank (CIB) said it is in talks with local and Gulf investors…
Tech news FinTech, Seedspace partner to bring Global FinTech Week to Cairo Ghada Ismail Nov 16, 2016 0 Seedspace Global FinTech Week took part in Flat6Labs to facilitate a meaningful discussion around FinTech,…
Industry & Trade Green energy firms start feed-in tariff talks in Egypt Noha Gad Oct 31, 2016 0 Renewable energy companies have started negotiations with foreign and domestic banking institutions in Egypt to…
Banks HSBC, StanChart help UK banking index recoup post-Brexit losses Noha Gad Aug 9, 2016 0 Britain's leading banking index .FTNMX8350 inched higher on Tuesday and recovered, in sterling terms, all of the…
Egypt News Banking sector must have access to foreign cash via EGX: EFSA aya salah Jul 24, 2016 0 Egypt’s current crisis of low foreign currency reserves requires that the banking sector has direct access to…
Banks Moody’s maintains negative outlook on Lebanon’s banking system aya salah Jul 17, 2016 0 Moody's Investors Service has maintained its negative outlook on Lebanon's banking system, reflecting the rating…