Tech/AI Visa launches $100mln generative AI ventures initiative Nada Ali Oct 4, 2023 0 Visa launched on Monday a new $100 million generative AI ventures initiative to invest in companies harnessing…
Money Egypt to receive first tranche of IMF loan soon – c.bank Amwal Al Ghad English Jun 30, 2020 0 Egypt will receive the first part of the International Monetary Fund (IMF) $5.2 billion standby loan within a few…
Money Orient Takaful, National Bank of Egypt deal to facilitate installment payments from… Eslam Abdelhameed Jun 25, 2020 0 Orient Takaful Insurance – Egypt signed a deal with the state-run National Bank of Egypt to facilitate payment of…
Tech/AI UAE’s Dana Gas receives $48mn payments from Egypt in June Amwal Al Ghad English Jul 1, 2019 0 UAE-based Dana Gas has announced that it has received payments of $48 million (AED177 million) from its operations…
Feature Foreign buyers snapped up Egyptian 5-year bonds in auction Amwal Al Ghad English Jan 30, 2019 0 Foreign investors bought all of the five-year Egyptian treasury bonds auctioned on Monday, the country’s Finance…
Financial Institutions Egypt expects to receive 5th tranche of IMF loan in Jan. Amwal Al Ghad English Dec 31, 2018 0 Central Bank of Egypt's governor Tarek Amer said on Sunday the fifth tranche of a $12 billion loan from the…
Arab Saudi banks plunge on tax payments, Wall Street’s decline weighs on Gulf Amwal Al Ghad English Dec 23, 2018 0 Saudi shares fell sharply on Sunday, with banking shares dropping after lenders said they had reached a deal with…
Feature Egypt on track to achieve its financial targets: FinMin Amwal Al Ghad English Nov 24, 2018 0 Egypt’s state revenues grew 35.5 percent in the first quarter of this financial year, putting the government on…
Feature National Bank of Egypt changes interest rates on savings accounts Amwal Al Ghad English Jul 3, 2018 0 The National Bank of Egypt (NBE) has divided interest payments on savings accounts into five tiers on the basis of…
Feature Telecom Egypt inks $200mn financing deal with China Amwal Al Ghad English May 31, 2018 0 Egypt’s state-run Telecom Egypt (TE) said Wednesday it had signed a $200 million financing agreement with a number…