Banking

The London-based financial institution, Standard Chartered, maintained its previous forecast for Egypt’s economy to be one of the top 10 economies in the world by 2030 in terms of gross domestic…
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EFG Hermes ranked  first for in Egypt, Kuwait, Dubai, and Kenya, placing second in Abu Dhabi and Nigeria (by value traded), and securing a third-place spot in Oman during FY 2020.
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Endorse aims to create a new perspective for financial technology in Egypt in terms of product diversity and quality, the company reveals its plan for 2021, according to Prime FinTech and Endorse CEO…
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The Central Bank of Egypt (CBE) will offer treasury bills (T-bills) worth 16 billion Egyptian pounds on Sunday on behalf of the Ministry of Finance.
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The World Bank has awarded Egypt a $200m loan to support its air quality monitoring projects, according to Minister of Environment Yasmine Fouad.
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The National Bank of Egypt (NBE) was ranked the country’s top bank for syndicated loans in Bloomberg’s global syndicated loans league table for 2020, according to a recent statement.
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Bahrain's Arab Banking Corporation (Bank ABC) finalised the acquisition of Blom Bank’s unit in Egypt for $480 million, two banking sources told Reuters.
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The Central Bank of Egypt (CBE) Governor, Tarek Amer, has held a high-level ministerial meeting to discuss methods of supporting the tourism sector during the novel coronavirus (COVID-19) pandemic.
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Egypt and Attijariwafa Bank Egypt reviewed how the bank’s presence in Africa could enhance Egypt’s trade, industrial, and investment cooperation with the rest of the continent.
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The Egyptian Financial Group Hermes Holding (EFG Hermes) has concluded the first issuance of a securitisation programme worth 6.5 billion Egyptian pounds for Amer Group Holding Co, Porto Group…
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