Banking

The Egyptian Minister of Finance, Mohamed Maait, witnessed the signing of a protocol of cooperation between the Egyptian Tax Authority (ETA) and the Federation of Egyptian Banks (FEB) regarding the…
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Credit Agricole Egypt has signed a cooperation protocol with UltraTeb to finance the health sector with EGP 200m.
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African Export-Import Bank (Afreximbank) and the Government of Barbados have signed a Memorandum of Understanding (MoU) to expand trade and investment links between Africa and the Caribbean island…
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The Egyptian Cabinet has revealed that the Micro, Small, and Medium Enterprise Development Agency has funded more than 1.4 million small and micro projects during the past seven years.
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The African Development Bank Group and the Ministry of International Cooperation launched consultations for the Bank’s new Country Strategy Paper for Egypt.
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The President and Chairman of the Board of African Export-Import Bank (Afreximbank), Professor Benedict Oramah, has been re-elected to the Executive Committee (EXCOM) of FCI, the global representative…
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Qatar National Bank Al Ahli (QNB Al Ahli) reported net profits of EGP 6 billion in the first nine months of 2021, up by 7% year-on-year (YoY) from EGP 5.6 billion, including minority shareholders'…
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The World Bank Group has raised its projections for Egypt’s real GDP growth for 2021 to 5.5 percent from 4.5 percent forecast made in June.
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African Export-Import Bank (Afreximbank) announced that the Fund for Export Development in Africa (FEDA), its development impact-oriented subsidiary, has entered into a Joint Venture arrangement with…
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The National Bank of Egypt (NBE) has signed a shareholder agreement with Mwasalat Misr to acquire 20% of the company’s shares by injecting new capital into the transport services provider. 
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