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The Egyptian government and the World Bank (WB) meet to discuss preparations for a strategic partnership framework between Egypt and the World Bank for the period from 2023 to 2027.
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The Commercial International Bank-Egypt (CIB) has registered consolidated net profits after tax worth EGP 4.25 billion during the first quarter (Q1) of 2022, an annual jump of 48% from EGP 2.87…
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Annual headline urban inflation increased to record 10.5% in March 2022 from 8.8% in February 2022, marking the highest rate since June 2019, according to the Central Bank of Egypt.
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Egypt decides to temporarily suspend some international companies from the list of companies approved to export to Egypt, the Trade Ministry said in a statement.
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Egypt plans to host the eighth annual meeting of the board of governors of the Asian Infrastructure Investment Bank (AIIB) in 2023, according to Finance Minister Mohamed Maait
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Britain’s Standard Chartered is planning to exit its operations in seven countries in Africa and the Middle East, the mass exodus move aims to narrow its focus to the region’s faster-growing markets,…
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Finastra has announced that Egyptian state-run Banque Misr selected Fusion Trade Innovation and Fusion Corporate Channels to digitalise its financial services and attract new clients.
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Arab African International Bank (AAIB) has collaborated with Liferay, a digital platform provider, to promote the bank's digital transformation and enable its customers to have access to various…
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Italy’s oil and gas giant Eni announced it signed an agreement to promote Egypt’s gas export to Europe, and specifically to Italy, in the context of the transition to a low carbon economy.
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First Abu Dhabi Bank (FAB), the UAE’s biggest lender by assets, withdrew its offer to acquire a majority stake in Egypt’s biggest investment bank EFG Hermes, citing global market volatility in the…
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