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Bahrain-based the Arab Banking Corporation (Bank ABC) could be buying only a majority stake in Blom Bank’s Egyptian unit, local press reported on Sunday citing unnamed sources with knowledge of the…
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The Egyptian Ministry of Public Business Sector is planning to upgrade Egypt Aluminum at an estimated cost of 13 billion Egyptian pounds.The Egyptian Ministry of Public Business Sector is planning to…
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Sovereign Fund of Egypt is in talks to acquire part of the National Investment Bank’s 69 percent stake in state-owned e-payments platform e-Finance, local press reported on Sunday citing sources with…
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Ora Developers Egypt, part of Naguib Sawiris-led Ora Developers Group, signed a loan agreement with four banks for 2.54 billion Egyptian pounds ($161.5 million), Emirates NBD Egypt – one of the four…
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Egypt is cooperating with the UK to push for practical measures to combat climate change.
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Nigeria’s biggest lender, Access Bank, is looking to take advantage of the new African trade agreement and make an entrance into Egypt’s banking sector, the bank said in an online presentation cited…
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The Abu Dhabi Commercial Bank (ADCB) – Egypt has reported that it achieved a 14 percent growth in its net profits at the end of 2020.
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The personal loans are at the forefront of the National Bank of Egypt’s (NBE) products, representing 77.5 percent of the bank’s total retail banking portfolio according to Vice Chairperson Yahia Aboul…
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Egyptian state-owned bank, National Bank of Egypt (NBE) revealed that its retail banking portfolio reached 123 billion Egyptian pounds at the end of December 2020, compared to 90.7 billion pounds in…
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CDC Group is earmarking some 1 billion Egyptian pounds, $63 million, for infrastructure and finance investments in Africa in 2021, with a particular focus on Egypt, Ethiopia, Kenya, and Nigeria, CEO…
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