Foreign investments in Egypt’s debt instruments have jumped in September to a level not seen in its …
Tag:
Banks news
-
-
Deposits at banks operating in Egypt hit new record, rising to 3.124 trillion Egyptian pounds ($177 billion) …
-
Egypt’s EFG Hermes is advising on three new acquisitions through 2018, Mostafa Gad, co-head of EFG Hermes’ …
-
Banks
CIB bank Egypt to boost Tier 2 debt as it looks to African growth
by Yomna Yasserby Yomna YasserEgypt’s Commercial International Bank (CIB) is planning to boost Tier 2 capital through dollar-denominated subordinated loans as …
-
Banks
Sudan on track to unify currency rate in bid to win foreign investment
by Yomna Yasserby Yomna YasserSudan is taking steps to close the gap between its official and unofficial currency rates and scrap …
-
Italian Finance Minister Pier Carlo Padoan is confident that measures carried out by his government to strengthen …
-
Banks
One of Asia’s largest banks describes bitcoin as ‘a ponzi scheme’
by Yomna Yasserby Yomna YasserOne of Asia’s largest banks says that bitcoin is currently a financial scam. “We see bitcoin as …
-
Banks
Foreign firms in Egypt achieve 40% profitability rates annually – c.bank chief
by Yomna Yasserby Yomna YasserForeign companies operating in Egypt achieve profitability rates ranging between 30 percent and 40 percent per year, …
-
Egypt’s Arab African International Bank (AAIB) has signed Tuesday a $30 million financing contract with the European …
-
Banks
EBRD, QNB ALAHLI join forces to support woman entrepreneurs in Egypt
by Yomna Yasserby Yomna YasserThe European Bank for Reconstruction and Development has offered a senior loan of $20 million to QNB …