Banking

Forbes Middle East has released its first annual "Top CEOs in the Middle East" ranking, the list includes EFG Hermes Group CEO and Chairman, Karim Awad.
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The Arab African International Bank (AAIB) signed a loan contract with the Redcon Development Company to provide 2.7 billion Egyptian pounds to complete the second phase of New Alamein City’s Latin…
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African Export-Import Bank (Afreximbank) has approved US$70 million to finance the expansion and upgrade of the Beitbridge border post in Zimbabwe.
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The Egyptian Micro, Small and Medium Enterprise Development Agency (MSMEDA) injected 13.5 billion Egyptian pounds in funding to micro-enterprises from July 2014 until the end of December 2020, the…
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The novel coronavirus (COVID-19) pandemic has doubled the number of Bank Audi – Egypt’s mobile and internet service users, according to the bank’s CEO and Managing Director Mohamed Bedir. 
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The Housing and Development Bank (HDB) has adopted ambitions plans for digital transformation, according to the bank’s Chairperson and Managing Director Hassan Ghanem.
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The National Bank of Kuwait (NBK) expected Egypt’s economy to improve further in the coming quarter upon hopes of sustainable progress in the vaccination campaign and a faster recovery in the global…
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Beltone Financial Holding incurred consolidated net losses of 132.42 million Egyptian pounds  in 2020, up by 45 percent year-on-year (YoY) from 91.50 million pounds, excluding minority shareholders’…
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The Commercial International Bank – Egypt (CIB) reported consolidated net profits of 10.23 billion Egyptian pounds in 2020, down by 13.24 percent year-on-year (YoY) from 11.8 billion pounds,…
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EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), kicked offits3rd Virtual Investor Conference today.
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