Month: March 2020

saib aims to achieve 200% growth in net profit year-end: chairperson

Bank has 1.31% market share of total loans, 1.47% deposit market share:…

Hossam Mounir

COVID-19 to slash at least 1.5% off global growth this year: Focus Economics

The coronavirus has spurred fears of a global recession. According to Focus…

Nehal Samir

Coronavirus postpones IPOs of Banque du Caire, TAQA Arabia

Sukuk, securitisation issues take the lead, especially as interest rates drop

Alyaa Stohy

Orange Egypt Participates in Baheya’s Foundation “21 Days” Breast Cancer Campaign

In an effort to support women with breast cancer and out of…

Daily News Egypt

Banque Misr, NBE to offer electronically saving certificates with 15% yield

To ensure safety of customers, employees, new certificates to be available only…

Hossam Mounir

CBE increases daily ATM withdrawal limits to EGP 30k, EGP 40k for individuals, companies respectively

The CBE added that issuing the prepaid cards to citizens will be…

Hossam Mounir

COVID-19 to halve global GDP growth to 1.3% in 2020: Fitch

Oil prices to reach $41 a barrel in 2020, $48 next year,…

Hagar Omran

Will EGX rally on NBE, Banque Misr EGP 3bn package continue, or will it be short-lived?

EGX30 down 17.7% last week despite Thursday's session 5% increase

Alyaa Stohy

Misr Life Insurance accepts premium payments through electronic platforms

Customers can use Misr Life Insurance’s digital applications and electronic payment channels…

Hossam Mounir