Why rate rise is no answer to 30% inflation in Egypt: Bloomberg
Egypt’s central bank is likely to hold interest rates on Sunday, even with inflation still soaring after the…
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Egyptian central bank to launch a microfinance initiative next Tuesday
Egypt’s central bank will launch its anticipated microfinance initiative next Tuesday, a step that follows recent…
Egypt’s CIB named best bank in the Middle East
Egypt’s largest listed lender, Commercial International Bank (CIB) was named on Tuesday as the best bank in the…
France’s Crédit Agricole targets higher Egypt market share
French lender Crédit Agricole is planning to boost its market share in Egypt by expanding in small and medium-sized…
Al Baraka Bank, Flat6Labs sign MoU to support entrepreneurs and start-ups
Al Baraka Banking Group (B.S.C) and Flat6Labs have signed an MOU to collaborate in a series of activities including…
ABK is the best new banking brand in Egypt: The Banker
Al Ahli Bank of Kuwait - Egypt (ABK–Egypt) has received the ‘Best New Brand in Egypt’ award by the Banker Middle…
Egypt’s AAIB bank to set up presence in Rwanda, Kenya in 2020
Egypt’s Arab African International Bank (AAIB) is planning to set up an African presence after 2020, senior sources…
Crédit Agricole Egypt has attracted $1 bln since pound float: official
Crédit Agricole Bank-Egypt has collected more than $1 billion since Egypt decided to float its pound on Nov. 3,…
Egypt central bank seen holding key interest rates on Sunday: Reuters poll
Egypt's central bank will leave its key interest rates unchanged in May for the fifth consecutive time even though…
El Sewedy Electric unit signs $25 mln financing agreement with EBRD
Egyptian cable maker El Sewedy Electric said Monday its unit has signed a $25 million financing agreement with the…