Banks Egypt’s CIB confirms taking a loan Aya Anwar Nov 19, 2023 0 The Egyptian Commercial International Bank (CIB) responded to the Egyptian Exchange (EGX) inquiring about the…
Business Deutsche Bank acquires UK broker Numis Sama Mousa Oct 15, 2023 0 Deutsche Bank has completed its full acquisition of London-based boutique investment bank, Numis, the German bank…
Investment Egypt’s Oriental Weavers sells stake in NBK Egypt Sama Mousa Oct 2, 2023 0 Egypt's Oriental Weavers Group (OW) sold its 0.70 percent equity in the National Bank of Kuwait - Egypt (NBK…
Business Banque du Caire launches central security unit Sama Mousa Sep 14, 2023 0 Banque du Caire launched a central security control unit to monitor operations at its branches, said an emailed…
Banks Arab African International Bank first-half net profit reaches $106.1mln Nada Ali Sep 7, 2023 0 The African Arab International Bank (AAIB) has achieved a net profit of $106.1 million in the first half of 2023,…
Business CBE eases banking access for illiterate, elderly Sama Mousa Sep 5, 2023 0 The Central Bank of Egypt (CBE) introduced new facilities on Tuesday to help illiterate and elderly customers (65+…
Business Egypt to sell stake in Banque Misr in 2024 Sama Mousa Sep 5, 2023 0 Egypt is eyeing selling a stake in Banque Misr to a strategic investor in 2024, the bank’s chairman Mohamed…
Business UAE’s Mashreq to begin digital banking operations in Pakistan Sama Mousa Aug 21, 2023 0 UAE-based Mashreq announced on Monday that it completed its incorporation in Pakistan and will commence digital…
Business Banque Misr, Actors Syndicate cooperate on seamless digital services Sama Mousa Aug 13, 2023 0 Banque Misr, Egypt’s second largest state-run lender signed a cooperation protocol with the Actors Syndicate for…
Business ADIB Egypt posts 111.47% YoY rise in H1 profits Sama Mousa Aug 13, 2023 0 Abu Dhabi Islamic Bank Egypt (ADIB-Egypt) recorded an increase of 111.47 percent year-on-year (YoY) in consolidated…