China banned new cryptocurrency sales yet Macau company eyes $500 million in an ICO
Macau gaming company Dragon Corp. is looking to raise half a billion dollars through an initial coin offering…
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Egypt banks’ domestic liquidity rose to 2.920 trillion pounds in June – C.bank
The Egyptian banking system’s local-currency liquidity surged in June than in the previous month, recording 2.920…
European Investment Bank loans Banque Misr $500 mln to fund Egypt SMES
The European Investment Bank (EIB) has agreed to loan Egypt’s Banque Misr a $500 million package to fund small and…
Egypt’s June loans rise to 1.418 trillion pounds – c.bank
Egypt’s banks extended more loans in June than in the previous month, recording 1.41 trillion Egyptian pounds…
World Bank’s IFC to invest $150 million in Egypt’s PPP agriculture projects
The World Bank's International Finance Corporation (IFC) has approved Friday new direct investments worth $150…
JPMorgan CEO warns governments to close down cryptocurrencies if they get too big
JPMorgan Chase’s chief executive Jamie Dimon has laid into bitcoin and digital currencies once again, warning that…
Egyptian banks have provided $55.1 bln to fund trade since pound float
Egyptian banks have provided around $55.1 billion to fund trade since the country floated its currency in early…
Interview: EBRD says Egypt has now suitable climate for investment
The European Bank for Reconstruction and Development (EBRD) is very optimistic about the future of the Egyptian…
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…