Banking

The National Bank of Egypt's (NBE) total asset portfolio increased to EGP 2.6 trillion, acquiring a market share of more than 30% in the Egyptian banking sector, the bank's Deputy Chairman, Yehia…
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The World Bank has approved a USD 360 mn facility to support the Egyptian economy as it recovers from the covid pandemic, the global lender said in a statement.
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The British Global Business Outlook magazine announced that Abu Dhabi Commercial Bank – Egypt (ADCB-Egypt) was awarded the Fastest Growing Digital Bank award for the year 2021.
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The Monetary Policy Committee (MPC) decided, Thursday to keep the Central Bank of Egypt’s (CBE) overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged for the…
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ADIB received the Egyptian Financial Regulatory Authority’s (FRA) approval to launch its consumer financing arm in Egypt, the bank revealed on Sunday.
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The Agricultural Bank of Egypt (ABE) and the Misr Life Insurance Company signed an agreement through which the bank allows the company to market and provide its services and insurance programs through…
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Agricultural Bank of Egypt (ABE) aims to build a distinctive brand, change the old brand image, and reach out to new customers according to its Chairperson Alaa Farouk 
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The Egyptian Cabinet’s Information and Decision Support Center (IDSC) indicated that Egypt’s balance of payments achieved a $1.9bn surplus in fiscal year (FY) 2020/21.
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Telecom Egypt has signed a new $500 million medium-term syndicated loan deal in order to strengthen its capital expenditure and refinance existing short-term facilities.
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Cairo for Investment and Real Estate Development (CIRA) has signed a partnership and investment management agreement with Al Ahly Capital Holding (ACH), the investment arm of the National Bank of…
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