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TAG
#Egypt
Banking & Finance
Intesa Sanpaolo mulls taking full ownership of Egypt’s ALEXBANK
MEA Finance
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September 12, 2023
0
ALEXBANK is one of Egypt’s main private sector banks with 175 branches and 1.6 million customers.
Read more
Banking & Finance
ADEX, National Bank of Egypt signs $100 million credit agreement
MEA Finance
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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
Read more
Banking & Finance
Egypt seeks to raise $5 billion from state IPO program by mid-2024
MEA Finance
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August 30, 2023
0
The government collected $5 billion from offering stakes in 13 companies between March 2022 and July 2023
Read more
Banking & Finance
Network International invests EGP 1 billion in Egypt
MEA Finance
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August 27, 2023
0
The payments firm plans to use part of the investment to acquire, deploy and maintain around 100,000 POS machines.
Read more
Banking & Finance
NBK-Egypt posts EGP 1.57 billion in half-year net profit
MEA Finance
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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.
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Banking & Finance
EFG Holding posts EGP 3.1 billion in Q2 2023 revenue
MEA Finance
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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
Read more
Banking & Finance
Egypt central bank signs MoU with London Institute of Banking & Finance
MEA Finance
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August 9, 2023
0
The agreement sets the stage for a fruitful partnership that will bring significant benefits to the North African country
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Banking & Finance
Crédit Agricole Egypt’s H1 2023 profit jumps 146% to $81.2 million
MEA Finance
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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
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Banking & Finance
Fintech firm Opay mulls Egypt digital bank license application
MEA Finance
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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
Read more
Editors pick
Arab Financial Services expands its digital payments solutions into Egypt
MEA Finance
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July 19, 2022
0
Arab Financial Services (AFS) has announced plans to expand its payments footprint into Egypt, with the establishment of its Egypt hub. AFS (Egypt) will...
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