Egypt’s Arab Investment Bank (AiBK) says its full-year net revenue has grown 15 percent from a year …
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Banks news
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The Africa Export-Import Bank (Afreximbank) is studying lending Egypt’s state-run United Bank around $50 million to finance …
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Banks
Venezuela government says an oil-backed cryptocurrency to launch in days
by Yomna Yasserby Yomna YasserVenezuela’s cryptocurrency will launch within days and be backed by 5.3 billion barrels of oil worth $267 …
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Banks
Fed could surprise markets with more interest rate increases than expected: economists
by Yomna Yasserby Yomna YasserWall Street economists are warming to the idea that the U.S. Federal Reserve may hike interest rates …
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Egypt’s central bank repaid about $2 billion in debt to international bodies in December, state-run MENA news …
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Sudan and Saudi Arabia have agreed to re-establish banking relations, the official Sudanese news agency SUNA reported …
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Egypt’s second-largest state bank, Banque Misr says its Islamic financing portfolio has grown to 6 billion Egyptian …
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Banks
Banque Misr mulling giant funding for Egypt infrastructure sectors
by Yomna Yasserby Yomna YasserEgypt’s second-largest state bank, Banque Misr is considering raising around 33.3 billion Egyptian pounds ($1.8 billion) for …
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The European Bank for Reconstruction and Development has signed Wednesday a $200 million loan agreement to finance …
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Crédit Agricole Egypt announced Monday it has won the quality awards of JP Morgan Chase for the …