Banque Misr to sign $500 mln EIB loan deal next month
Egypt’s second largest bank, state-owned Banque Misr says it will sign a $500 million financing agreement with the…
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Deutsche Bank slips down the world’s top private banks rankings
Deutsche Bank is no longer one of the world's top 15 private banks following a difficult year for the German…
Banque Misr to lend two local firms 130 mln Egyptian pounds
Egypt’s second largest bank, state-owned Banque Misr has recently approved to lend two local firms around 130…
EBRD, Egypt to sign $60 mln private sector funding deal next week
Egypt and the European Bank for Reconstruction and Development (EBRD) will sign a $60 million agreement next week…
Faisal Islamic Bank earmarks 70 mln Egyptian pounds for tech upgrade
Egypt’s Faisal Islamic Bank said Sunday it had completed upgrading its information technology infrastructure and…
NBE, Banque Misr: high-yield deposit certificates raise 445bn pounds in 8 months
Egypt’s two biggest state-owned banks, the National Bank of Egypt and Banque Misr have received around 445 billion…
Banque Misr says raised $3.3 billion after Egypt pound float move
Egypt’s second largest bank, state-owned Banque Misr has collected around $3.3 billion since the flotation of local…
Bank of England holds rates steady, sees two hikes in the next three years
The Bank of England (BOE) held on Thursday interest rates steady at 0.25 percent, as expected, while largely…
Soaring inflation in Egypt hits food, drinks companies’ profits
Egypt’s growing interest rates and soaring inflation have hit second-quarter profits at some of the country’s food…
Egyptian Cabinet approves EBRD’s €100 million railway financing deal
Egyptian Cabinet has approved Wednesday a three-year €100 million financing agreement signed with the European Bank…