BLOM Bank to conduct due diligence on selling Egypt unit
Several banks have shown interest in buying BLOM Bank – Egypt, but…
Banque du Caire arranges EGP 670m syndicated loan to Marakez
Loan to finance 50% of total estimated investment cost of Mall of…
Egypt’s annual urban inflation declines to 4.2% in July: CAPMAS
Whole country’s CPI inched up to 107.8 points in July, registering a…
Allianz, CIB Egypt sign cyber insurance contract for banking services
Insurance policy between Allianz and CIB has been effective as of 1…
CBE expected to hold interest rates during next MPC meeting
Market anticipates CBE announcement, on Monday, regarding inflation in July 2020
CBE allows banks to acquire uncapped stakes in payment companies
Banks to provide full data on the company to which they are…
Subscription to Suez Canal Bank’s investment fund reaches EGP 338.7m
The oversubscribed offering raised about EGP 338.7m, representing 136% of the targeted…
Banks in Egypt contribute EGP 700m to support daily labourers: El-Etreby
In exclusive statement to Daily News Egypt, El-Etreby said that the donations…
Gold prices hike notably as 24-carat breaks EGP 1,000 barrier
Bullion coin price rises by about EGP 72 to EGP 7,048
Egypt’s local bank deposits increase to EGP 3.268trn in June: CBE
The CBE added that demand deposits recorded about EGP 482bn, of which…