EBRD approves €200 million for wastewater treatment projects in Egypt’s Fayoum
The European Bank for Reconstruction and Development (EBRD) has approved a €200 million ($217 million) loan for…
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HSBC removes curbs on Egyptians’ use of credit cards abroad
HSBC Bank Egypt has removed all the curbs imposed on the Egyptians’ use of credit cards abroad and restored the…
HC Securities reaches 5 bln Egyptian pounds in AUMs at 2016-end
Egyptian investment bank, HC Securities and Investment reached 5 billion Egyptian pounds ($276 million) in assets…
ADIB Egypt looks to secure bridge loan for Saudi Binladin Group’s affiliate
Abu Dhabi Islamic Bank (ADIB) – Egypt is teaming up with four banks to arrange 900 million Egyptian pounds ($49.6…
Egypt’s Banque Misr cancels limits on use of credit cards abroad
Egypt’s second largest state-owned bank, Banque Misr has cancelled all the limits on Egyptians’ use of credit cards…
Commerzbank Q1 net profit beats expectations on one-off effect
Commerzbank reported Tuesday a 28 percent rise in first-quarter net earnings, benefiting from a positive one-off…
Barclays CEO Staley will face his shareholders Wednesday over whistleblower scandal
Barclays chief executive Jes Staley will come under the spotlight at the company's annual general meeting this…
SMEs seize 18% of Misr Iran Bank’s credit portfolio
Small and medium-sized enterprises are representing 18 percent of Egypt-based Misr Iran Development Bank’s total…
Egypt’s central bank to launch microfinance initiative before May-end: official
Egypt’s central bank is preparing the ground to launch a new initiative dedicated for the microfinance sector…
Morocco’s Attijariwafa to hire global advisor for 5-year Egypt strategy
Morocco’s Attijariwafa Bank will choose an international consulting firm to develop a five-year strategy for its…