Banking

EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEMs), announced today that its Investment Banking team has successfully completed advisory to Bank Audi on its…
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Egypt’s Commercial International Bank (CIB) has become the first bank in the Middle East and Africa to receive Gender Equity Seal (EGES) certification from the National Council for Women (NCW) and the…
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Abu Dhabi Commercial Bank (ADCB) said on Tuesday it has received two additional preliminary non-binding offers from potential investors to acquire the bank's 51.54 percent stake in Alexandria Medical…
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South Africa, Nigeria, Egypt may lead Africa 2021 sukuk offer as the African nations needs financing following the coronavirus pandemic.
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The African Development Bank and the International Fund for Agricultural Development (IFAD), the Forum for Agricultural Research in Africa (FARA) and the CGIAR System Organization, will work closely…
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Egypt’s domestic liquidity rose to 5.134 trillion Egyptian pounds ($327.7 billion) in the first quarter of the year from 4.920 trillion pounds at the end of 2020.
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The Monetary Policy Committee (MPC) decided to keep the Central Bank of Egypt’s (CBE) overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 8.25 percent, 9.25…
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The negative repercussions of the COVID-19 pandemic have highlighted the great importance of deploying Fintech for the purposes of financial inclusion in the Arab region, the Secretariat of the…
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Banque du Caire has continued its organisation of the charities convoy launched mone years ago, according to the banks’ Chairman Tarek Fayed.
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The tourism sector in Egypt will be seeing an additional revenues by over $3bn annually after the return of Russian tourists in Egypt to pre-2015 levels, according to the American multinational…
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