Crédit Agricole Egypt wins JP Morgan quality awards
Crédit Agricole Egypt announced Monday it has won the quality awards of JP Morgan Chase for the efficiency,…
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EBRD plans to invest $1.5 bln in Egypt in next year: official
The European Bank for Reconstruction and Development (EBRD) intends to invest around $1.5 billion to finance…
Goldman Sachs plans trading desk for bitcoin: Bloomberg
Goldman Sachs is planning to get into the business of trading digital currencies such as bitcoin, Bloomberg News…
Egypt’s gold reserves dip 0.3% in Q4: Gold Council
Egypt’s gold holdings dipped by 0.3 percent during the fourth quarter, recording 76.3 tonnes compared to 76.6…
Afreximbank: Egypt credit facilities record $17.6 bln since 1993
The Africa Export-Import Bank (Afreximbank) has secured, since its inception in 1993, $17.6 billion in credit…
NBK-Egypt sees 20% growth in loans by 2018
National Bank of Kuwait, the country’s largest lender, expects 20 percent growth in loans in Egypt in 2018 because…
Saudi billionaire prince Alwaleed’s $1 bln loan for Fransi Stake is said on hold
Kingdom Holding Co.’s plan to raise around $1 billion in loans is on hold after its owner Saudi Prince…
EU chooses Paris as new host for European Banking Authority after Brexit
The European Union has selected Paris as the new host for its London-based banking authority after Britain leaves…
World Bank’s green bonds for Africa reach $12 billion: official
The World Bank has issued over $12 billion worth of green bonds in Africa so far, said Mahmoud Mohieldin, Vice…
Egypt’s Q4 GDP growth highest since 2009: c.bank
Egypt’s economy grew at its fastest pace in 7 years during the fourth quarter of the 2016/2017 financial year, its…
