Islamic banking valued at EGP 240bn at end-2017
The volume of Islamic banking in Egypt by the end of 2017 amounted to EGP 240bn, marking a growth of 16% from 2016, according to Mohamed El-Beltagy, head of the…
ABE launches electronic portfolio
The Agricultural Bank of Egypt (ABE) has signed a cooperation protocol with e-Finance for issuing the bank's electronic portfolio through mobile to the bank's customers. According to ABE Chairperson Elsayed…
CBE activates electronic link between Egyptian banks, COMESA countries
The Central Bank of Egypt (CBE) held a workshop attended by 60 representatives of the Export Development Authority (EDA), members of export councils, chambers of commerce, business associations and many…
AIBK signs partnership agreement with Fawry to provide e-payment services
Cooperation with Fawry is beginning of digital banking services, says Seif El-Nasr
NBE aims to increase assets to EGP 1.5tn by end-June 2018: vice chairperson
Bank seeks to increase its loans for major companies to EGP 350bn, SMEs portfolio to EGP 40bn, deposits to EGP 1tn
Winter Olympics: Day 8 Live
Norway have triumphed in the cross-country relay, Sarah Hoefflin struck Slopestyle gold, Czech snowboarder Ester Ledecka caused a shock in the Super-G and Japan's Yuszuru Hanyu took figure skating gold.…
Winter Olympics: Yuzuru Hanyu makes figure skating history
A three-month layoff had cast doubts over Japanese skating star Hanyu's appearance at the Olympics. But the "Ice Prince" became the first man to win back-to-back Olympic gold medals in…
Winter Olympics: Ester Ledecka delivers one of the all-time Olympic upsets
All pre-run eyes were on returning Olympian Lindsey Vonn and defending champion Anna Veith was already being congratulated on victory when outsider Ester Ledecka set off. Then the Czech snowboarder…
Will taxpayers foot the bill for Dieselgate?
A new proposal has been leaked to German media: The taxpayer is to shoulder the burden for retrofitting diesel cars equipped with manipulated emission chips. Will consumers end up covering…
Hackers stole $6 million in Russia bank attack via SWIFT system
Russia's central bank has admitted that hackers targeted a computer at one of its lenders and transferred a large sum of cash. They used the SWIFT payment system, which helps…