Egypt’s Acumen to launch HDB’s property fund in Q1
Egypt-based investment bank Acumen Holding has won the management of the Housing and Development Bank’s (HDB)…
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Afreximbank studies $1 billion finances for Egypt oil, SME sectors
The African Export-Import Bank (Afreximbank) is studying a new financing programme worth $1 billion with Egypt…
Abu Dhabi Islamic Bank names Zohair Edris as Egypt acting CEO
Abu Dhabi Islamic Bank (ADIB) has named Zohair Edris as the acting chief executive officer for ADIB-Egypt, the bank…
CI Capital: Q3 AUMs hit 8.2 billion Egyptian pounds
Egypt-based investment bank CI Capital’s assets under management have reached 8.2 billion Egyptian pounds ($463.4…
Kuwait’s Al Ahli Bank rebrands its subsidiary in Egypt
Al Ahli Bank of Kuwait (ABK) has rebranded Sunday its subsidiary in Egypt, Piraeus Bank Egypt, under the new name…
National Bank of Egypt relaxes limits on card usage abroad: paper
Egypt’s largest bank, the state-owned National Bank of Egypt (NBE) relaxed on Saturday its bank card purchase…
Egypt c.bank to issue treasury bills worth 9.2 bln pounds Sunday
Egypt’s central bank is planning to issue Sunday, on behalf of Ministry of Finance, treasury bills totalling 9.2…
Egypt’s Nasser Social Bank to offer certificates of deposit at 16%
Nasser Social Bank (NSB), part of the Egyptian Ministry of Social Solidarity, will offer three-year certificates of…
Bank Audi seeks Egypt SMEs financing sixfold higher in 4 years
Egypt’s eighth largest commercial bank, Bank Audi S.A.E. seeks to raise its finances for small and medium-sized…
Banque Misr says to add 195 more branches in 2-3 years
Egypt’s second biggest state lender, Banque Misr is planning to inaugurate 195 more branches within two and three…