Banking

Egyptian Financial Group Hermes Holding (EFG Hermes) has inked an EGP 750 million sale and leaseback agreement with Madinet Nasr Housing and Development (MNHD).
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The Central Bank of Egypt announced Thursday a cancellation of cash withdrawal fees from ATMs until June 30, as part of measures to facilitate the customer transactions from different banks.
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Fawry for Banking Technology and Electronic Payments will establish a consumer finance company, Fawry Consumer Finance, with an initial capital of EGP 10 million
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Egypt's portfolio in the Asian Infrastructure Investment Bank (AIIB) has surpassed $1 billion, according to the bank's Vice President, Konstantin Limitovskiy.
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Remittances from Egyptians working abroad reported a 1.5 percent year-on-year growth the first quarter of the financial year 2021-2022 that began in July, a central bank official said
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The Commercial International Bank (CIB) is one of 28 international founding signatory banks to the first ever “Commitment to Financial Health and Inclusion,” under the Principles of Responsible…
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The National Bank of Egypt (NBE) and Misr Life Insurance, one of the Misr Insurance Holding companies, launched the “Al-Ahly Life” investment fund under the management of Al-Ahly Financial Investment…
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 The Egyptian Exchange (EGX) has announced a block trading deal worth EGP 37.564 million on the shares of the Housing and Development Bank (HD Bank).
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The leading bank saib has opened its fourth financial education centre “saib cube” at the City Center Mall of Alexandria.
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Ihab El-Sewerky, Managing Director and CEO of Abu Dhabi Commercial Bank (ADCB), and Adel Hashem, Head of the Retail Banking Sector at the bank, has inaugurated the bank’s latest branch at the Concorde…
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