Latest Business News
NBE, CDB sign $700m agreement to fund infrastructure projects in Egypt
NBE established the first Egyptian, Arab, and African bank in China since…
EGP 29.3bn increase in bank deposits, EGP 10.8bn increase in loans in October 2015: CBE
Household sector acquires 77.6% of deposits in the local currency and 63.2%…
FEP Capital wins awards from International Finance magazine
FEP Capital was presented with awards for best direct investment company and…
AAIB predicts a better outcome with new offers and services in 2016
Bank is targeting about 30% average growth on retail, says head of…
UNB launches campaign to encourage Egyptian expatriates to transfer money to Egypt
UNB provides free money transfer service for Egyptians in UAE, numerous prizes
Fawry targets 50% growth rate in its business in Egypt during 2016
We aim to increase payment outlets to 60,000 by the end of…
Egypt ripe for electronic payments due to widespread use of mobile phones: Visa Egypt GM
Visa accounts for 61.5% of total cards issued worldwide, its share in…
72m credit facilities registered in I-Score database as of October 2015
140,500 SMEs work with banks and banking sector should support these companies…
NCR aims to boost Egypt business to EGP 1bn over next 3 years
Company accounts for about 90% of ATMs in Egypt, says Africa Managing…
Retail banking accounts for 24% of Bank Audi Egypt’s total loans portfolio
EGP 3.8bn in individual loans from bank throughout September 2015, with an…