Banks Foreign investments in Egypt debt hit highest levels in history in September Yomna Yasser Nov 16, 2017 0 Foreign investments in Egypt’s debt instruments have jumped in September to a level not seen in its history,…
Banks Deposits at Egypt banks hit new high at August-end Yomna Yasser Nov 15, 2017 0 Deposits at banks operating in Egypt hit new record, rising to 3.124 trillion Egyptian pounds ($177 billion) at the…
Banks EFG Hermes advising on two acquisitions in Egypt next year Yomna Yasser Nov 15, 2017 0 Egypt’s EFG Hermes is advising on three new acquisitions through 2018, Mostafa Gad, co-head of EFG Hermes’…
Banks CIB bank Egypt to boost Tier 2 debt as it looks to African growth Yomna Yasser Nov 15, 2017 0 Egypt’s Commercial International Bank (CIB) is planning to boost Tier 2 capital through dollar-denominated…
Banks Sudan on track to unify currency rate in bid to win foreign investment Yomna Yasser Nov 15, 2017 0 Sudan is taking steps to close the gap between its official and unofficial currency rates and scrap subsidies by…
Banks Italy expects debt to fall aggressively: finance minister Yomna Yasser Nov 15, 2017 0 Italian Finance Minister Pier Carlo Padoan is confident that measures carried out by his government to strengthen a…
Banks One of Asia’s largest banks describes bitcoin as ‘a ponzi scheme’ Yomna Yasser Nov 15, 2017 0 One of Asia's largest banks says that bitcoin is currently a financial scam. "We see bitcoin as a bit of a ponzi…
Banks Foreign firms in Egypt achieve 40% profitability rates annually – c.bank chief Yomna Yasser Nov 14, 2017 0 Foreign companies operating in Egypt achieve profitability rates ranging between 30 percent and 40 percent per…
Banks Egypt’s AAIB bank signs EBRD $30 million SME financing deal Yomna Yasser Nov 14, 2017 0 Egypt’s Arab African International Bank (AAIB) has signed Tuesday a $30 million financing contract with the…
Banks EBRD, QNB ALAHLI join forces to support woman entrepreneurs in Egypt Yomna Yasser Nov 14, 2017 0 The European Bank for Reconstruction and Development has offered a senior loan of $20 million to QNB ALAHLI for…