China Export-Import Bank may finance electric train project in Egypt
The Export-Import Bank of China (Chexim) is offering to finance a project to build an electric train linking…
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Egypt’s oldest bank Banque Misr sets up presence in Chinese port city
Egypt's oldest bank, Banque Misr has officially opened its Guangzhou representative office in Guangdong province to…
AAIB bank Egypt to complete technology upgrade in June
Egypt’s Arab African International Bank (AAIB) plans to complete upgrading its information technology systems…
CBE governor chairs Egypt delegation for IMF, World Bank spring meetings
Tarek Amer, governor of the Central Bank of Egypt, is heading his country’s high-level delegation of central bank…
World Bank forecasts 5.3% growth for Egypt in FY2018/19
The World Bank Group said Monday it forecast Egypt’s economy to grow by 4.6 percent in the 2017-18 financial year…
Egypt’s Misr Iran bank 2016 profits jump to 1 bln pounds on currency float
Egypt’s Misr Iran Development Bank (MIDB) says profits had risen to one billion Egyptian pounds ($55 million)…
Banque Misr says to open China resident office this week
Egypt’s second biggest bank, state-owned Banque Misr will be opening its representative office in China later this…
Banque Misr: high-yield deposit certificates raise EGP110 bln after pound float
Egypt’s second biggest bank, state-owned Banque Misr has raised around 110 billion Egyptian pounds ($6.05 billion)…
EIB to support feasibility study on East Port Said logistics centre project
The European Investment Bank (EIB) has agreed to provide technical assistance for a feasibility study on East Port…
Egypt central bank plans launch new unit for financial inclusion
Egypt’s central bank is planning to establish a new unit designated to promote the financial inclusion process to…