Cairo-based financial service company Premiere Holding announced Monday plans to launch Egypt’s first agricultural investment fund this …
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Banks news
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Banks
EBRD launches its 1st project in Lebanon, invests in Bank Audi
by Yomna Yasserby Yomna YasserThe European Bank for Reconstruction and Development (EBRD) completed Sunday an equity investment in Lebanon’s largest banking …
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Banks
Egypt’s FX reserves at new record high in February after Eurobond sale
by Yomna Yasserby Yomna YasserEgypt’s foreign reserves rose to a new record high in February, data from the central bank showed …
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Standard Chartered Bank announced Tuesday that its 2017 underlying pre-tax profit soared to $3.01 billion — handily …
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Banks
Exclusive: Shares of 5 banks in two Egyptian state-run oil firms’ loan
by Yomna Yasserby Yomna YasserA consortium of five Egyptian banks signed last week a financing agreement worth 4 billion Egyptian pounds …
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The European Bank for Reconstruction and Development (EBRD) has secured a $52 million loan to Angel Yeast …
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Banks
Qatar National Bank hires CI Capital for 2% stake sale in Egypt unit
by Yomna Yasserby Yomna YasserQatar National Bank (QNB) said Sunday it has hired CI Capital to advise it on the sale …
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Bank Audi’s Ezdehar Fund, with cumulative and floating returns in Egyptian pound, has been awarded the “Best …
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Banks
World Bank: Investing in people ‘vital’ for nations’ economic development
by Yomna Yasserby Yomna YasserWorld Bank’s President Jim Yong Kim said Monday the need to invest in human capital is lagging …
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Banks
WB’s Mohieldin co-leads Global Councils on Sustainable Development Goals
by Yomna Yasserby Yomna YasserEgyptian prominent economic liberaliser and senior World Bank official Mahmoud Mohieldin will co-lead the Global Councils for …