Emirates NBD provides real estate funding up to EGP 5m
Emirates NBD-Egypt offers real estate loans worth up to EGP 5m.
EBI discusses digital transformation of banks
In cooperation with the International Finance Corporation (IFC), the Egyptian Banking Institute (EBI) organised a round table to discuss the digital transformation of banks. “Digital transformation affects all our daily…
Governmental banks offer sterling pound savings certificates
The National Bank of Egypt (NBE), Banque Misr, and Banque du Caire will offer savings certificates to Egyptians in pounds sterling under the name "Belady Certificate" within days. During 2016,…
CBE asks banks to monitor some customer accounts
The Central Bank of Egypt (CBE) requested that banks operating in the local market monitor the accounts to which insurance dues and pensions are transferred to. In a letter to…
ABE aims injecting EGP 4.5bn in new loans during 2018: El Kosayar
ABE directs about 80% of loan portfolio to agricultural, livestock sectors, associated activities
Edita considers expansion in regional markets to boost sales, revenues
Company plans to enter new markets in sub-Saharan Africa, Asia
Urea prices to boost Abu Qir Fertilisers profitability in 2018: report
Company net profit dropped 8% y-o-y to EGP 781m in Q2 FY 2017/18
Egypt shares expected to move sideways on profit-taking, await fresh stimulus
EGX30 falls 1.56% or 240.27 points in a week, records worst weekly losses in 2018
2.3m subscribers to Telecom Egypt mobile services
Telecom Egypt (TE) attracted 2.3 million subscribers to its mobile services in less than three months, from when the service was launched in mid-September 2017 to the end of that…