The European Bank for Reconstruction and Development (EBRD) intends to invest around $1.5 billion to finance projects …
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Banks news
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Goldman Sachs is planning to get into the business of trading digital currencies such as bitcoin, Bloomberg …
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Egypt’s gold holdings dipped by 0.3 percent during the fourth quarter, recording 76.3 tonnes compared to 76.6 …
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Banks
Afreximbank: Egypt credit facilities record $17.6 bln since 1993
by Yomna Yasserby Yomna YasserThe Africa Export-Import Bank (Afreximbank) has secured, since its inception in 1993, $17.6 billion in credit facilities …
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National Bank of Kuwait, the country’s largest lender, expects 20 percent growth in loans in Egypt in …
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Banks
Saudi billionaire prince Alwaleed’s $1 bln loan for Fransi Stake is said on hold
by Yomna Yasserby Yomna YasserKingdom Holding Co.’s plan to raise around $1 billion in loans is on hold after its owner Saudi …
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Banks
EU chooses Paris as new host for European Banking Authority after Brexit
by Yomna Yasserby Yomna YasserThe European Union has selected Paris as the new host for its London-based banking authority after Britain …
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Banks
World Bank’s green bonds for Africa reach $12 billion: official
by Yomna Yasserby Yomna YasserThe World Bank has issued over $12 billion worth of green bonds in Africa so far, said …
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Egypt’s economy grew at its fastest pace in 7 years during the fourth quarter of the 2016/2017 …
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Banks
Crédit Agricole: 9-month standalone net profit rose 54% in Egypt
by Yomna Yasserby Yomna YasserCrédit Agricole SA says nine-month standalone net profit in Egypt grew 54.09 percent from a year ago, …