The Central Bank of Egypt (CBE) announced the average exchange rates of USD in the official FX …
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Bank
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BanksFeatureMoney
Banque du Caire injects over EGP1 b for micro enterprise loan product
by Aya El Sayedby Aya El SayedBanque du Caire revealed on Thursday that it had secured more than a billion Egyptian pounds for …
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Short sellers are betting against almost 8 per cent of Deutsche Pfandbriefbank’s (PBB) shares due to concerns …
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Emirates NBD-Egypt announced on Tuesday a personal loan offering for solar panel purchases, promoting the use of …
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BanksFeature
Nordea predicts strong return on equity despite Q4 profit shortfall
by Aya El Sayedby Aya El SayedNordea, Nordic region’s largest bank, announced a fourth-quarter profit that fell short of expectations on Monday. However, …
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BanksFeature
UniCredit targets ’24 success, to mirror ’23 performance
by Aya El Sayedby Aya El SayedUniCredit bank announced on Monday that it aims to replicate its 2023 performance in 2024, despite economic …
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BanksFeatureMoneyNewsTech/AI
CBE mourns prominent bankers Hatem Sadiq, Gamal Muharram
by M.S.Salamaby M.S.SalamaWith deep regret and sorrow, Mr. Hassan Abdullah, Governor of the Central Bank of Egypt, and his …
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BanksIndustry & TradeInternational NewsMoneyNewsTech/AI
Deutsche Bank acquires UK broker Numis
by Sama Mousaby Sama MousaDeutsche Bank has completed its full acquisition of London-based boutique investment bank, Numis, the German bank said …
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BanksFeatureMoneyTech newsTech/AI
Banque du Caire launches central security unit
by Sama Mousaby Sama MousaBanque du Caire launched a central security control unit to monitor operations at its branches, said an …
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Egyptian tycoon Naguib Sawiris said on Monday he seeks to set up a bank in his country …