Banking

The Central Bank of Egypt (CBE) has approved the general framework and issued the controls to provide commercial registration services within banks.
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EFG Hermes has announced that its Investment Banking division successfully concluded advisory on Raya Contact Centre’s acquisition of an 85% stake in Bahrain-based call centre company Gulf Customer…
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African Export-Import Bank (Afreximbank) has announced its support for the first ever memorandum of understanding (MoU) on trade collaboration between the Governments of Malawi and South Sudan.
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Crédit Agricole Egypt has announced that it has signed a new five-year partnership agreement with Visa.
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Egypt’s Banque du Caire aims to expand its financing for small and medium-sized enterprises (SMEs) to 22 billion Egyptian pounds ($1.4 billion) by end of the year, a senior official said
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Egypt’s external debt rose 21.15 percent year-on-year to $134.8 billion at the end of March from $123.5 billion in the same period last year, a central bank data showed on Sunday.
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The board of directors of Oriental Weavers Carpet approved the authorisation of the Managing Director and CEO, Salah Abdel Aziz, to sign a promissory note worth EUR 5 million ($5.93 million) with…
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Egypt’s Housing and Development Bank (HDB) has signed a joint cooperation protocol with the Ministry of Education and Technical Education to support the ministry’s efforts to provide distinguished…
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The board of directors of Abu Dhabi Islamic Bank-Egypt (ADIB Egypt) approved a decision to proceed with setting up a securitisation company. 
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The European Bank for Reconstruction and Development (EBRD) said on Thursday it had launched a $120 million Youth in Business programme and a pilot US$ 20 million Skills in Business credit facility in…
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