- Advertisement -

TAG

#Egypt

Banking & Finance

Egyptian banks suspend debit card use in foreign currency

MEA Finance - October 10, 2023 0

Commercial International Bank told accountholders that debit cards could only be used for Egyptian pound transactions within the country.

Banking & Finance

Intesa Sanpaolo mulls taking full ownership of Egypt’s ALEXBANK

MEA Finance - September 12, 2023 0

ALEXBANK is one of Egypt’s main private sector banks with 175 branches and 1.6 million customers.

Banking & Finance

ADEX, National Bank of Egypt signs $100 million credit agreement

MEA Finance - September 6, 2023 0

The financing agreement seeks to bolster economic activities and further enhance the already fertile trade landscape between the UAE and Egypt

Banking & Finance

Egypt seeks to raise $5 billion from state IPO program by mid-2024

MEA Finance - August 30, 2023 0

The government collected $5 billion from offering stakes in 13 companies between March 2022 and July 2023

Banking & Finance

Network International invests EGP 1 billion in Egypt

MEA Finance - August 27, 2023 0

The payments firm plans to use part of the investment to acquire, deploy and maintain around 100,000 POS machines.

Banking & Finance

NBK-Egypt posts EGP 1.57 billion in half-year net profit

MEA Finance - August 24, 2023 0

The bank’s net interest income soared by 88.2% to reach EGP 3.2 billion compared to EGP 1.7 billion a year ago.

Banking & Finance

EFG Holding posts EGP 3.1 billion in Q2 2023 revenue

MEA Finance - August 13, 2023 0

The bank’s operating profit in the three months to June 30 reached EGP 988 million, up 46% y-o-y despite an increase in group operating expenses

Banking & Finance

Egypt central bank signs MoU with London Institute of Banking & Finance

MEA Finance - August 9, 2023 0

The agreement sets the stage for a fruitful partnership that will bring significant benefits to the North African country

Banking & Finance

Crédit Agricole Egypt’s H1 2023 profit jumps 146% to $81.2 million

MEA Finance - August 2, 2023 0

The bank said its net banking income surged by more than 108% year-on-year to reach EGP 4.5 billion

Banking & Finance

Fintech firm Opay mulls Egypt digital bank license application

MEA Finance - July 31, 2023 0

OPay’s digital bank will provide lending, savings and card services via the internet without the need for customers to go to branches

1...456 Page 5 of 6

#Egypt

Latest news

IFS breaks with industry convention pricing to unlock enterprise-wide AI adoption

Abu Dhabi Islamic Bank mobilises AED 20.3 billion in sustainable finance, advancing 2030 target

Mashreq offers instant digital cross-border accounts for non-resident Egyptians with free Quick Remit transfers

Boursa Kuwait to launch bonds and sukuk platform following CMA decision

Majid Al Futtaim and Dubai SME launch Ma’an to boost and support UAE’s homegrown SMEs

About Us

Popular Category

Editor Picks

IFS breaks with industry convention pricing to unlock enterprise-wide AI adoption

Abu Dhabi Islamic Bank mobilises AED 20.3 billion in sustainable finance, advancing 2030 target