Banking

The Central Bank of Egypt (CBE) will be reviewing the key interest rates as The Monetary Policy Committee (MPC) is holding its third meeting  2021 on Wednesday.
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Raya Holding for Financial Investments announced the sale of 9 million shares of its 99.8%-owned subsidiary Aman Electronic Payment Technology to the National Bank of Egypt (NBE).
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The European Investment Bank (EIB) provided €5 billion in finances for new private and public investments across Africa in 2020.
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Egypt’s total external debt jumped to $125.3 billion by the end of the first quarter (Q1) of the current FY2020/2021, up about $1.8 billion year-on-year, according to the Central Bank of Egypt.
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HC Securities & Investment expects the Central bank of Egypt (CBE) to keep interest rates unchanged at its Monetary Policy Committee (MPC) next April meeting.
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The Central Bank of Egypt (CBE) has released new regulations allowing mobile wallet users to borrow, withdraw, and transfer larger sums per day.
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Egypt is the second largest economy in the Arab region in 2020 with a total amount of $361.8 billion, following Saudi Arabia according to the International Monetary Fund (IMF).
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EFG Hermes said that the Arab Investment Bank (aiBank) had been valued between 900 million Egyptian pounds and 1.2 billion pounds ($57.3 million and $76.5 million), projecting share fair market value…
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The Agricultural Bank of Egypt (ABE) will be printing the terms and conditions for opening individual accounts in Braille so that the visually impaired can access its banking services to the visually…
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Inertia Egypt signed a contract with Banque Misr to obtain a medium-term Islamic funding worth EGP 1.1 billion to finance the company’s project in the North Coast.
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