Several Egyptian banks have adjusted their credit card withdrawal and purchase limits for international transactions. This move comes as …
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Commercial International Bank of Egypt
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Egypt NewsFeatureInternational NewsNews
Egypt never defaulted on debts – Ezz Alarab
by Nada Aliby Nada AliEgypt has never defaulted on its debts and is committed to correcting its course by utilizing foreign …
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BanksEgypt NewsFeatureFinancial InstitutionsIndustry & TradeNewsTech/AI
Egypt’s SCZone aims to borrow EGP 30bn for green hydrogen projects – sources
by Nada Aliby Nada AliThe General Authority of Suez Canal Economic Zone (SCZone) seeks to lend 30 billion Egyptian pounds from …
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The Commercial International Bank (CIB-Egypt) disclosed on Saturday its profits to reach 7.98 billion Egyptian pounds from …
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forex newsThe Watch
NBE: Exchange rates of key global currencies rates Tuesday 10-11-2020 vs. Egyptian pound
Amwal Al Ghad on Tuesday demonstrates the exchange rates of key global currencies against the Egyptian pound according …
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Amwal Al Ghad on Monday demonstrates the exchange rates of key global currencies; U.S. dollar, euro, pound …
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Financial Institutions
French AXA Insurance gets regulatory approval to buy Egypt’s CIL
by Yomna Yasserby Yomna YasserFrench insurance group AXA received approval from the Egyptian Financial Supervisory Authority (EFSA) to acquire 100 percent …
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Banque Misr has been awarded to provide the banking sponsorship for El Ahly Sporting Club for further …
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Banks
Three Banks to Arrange Assiut Oil Refining Co’s $161 million Loan
by Yomna Yasserby Yomna YasserThree leading banks in Egypt will be arranging a syndicated loan worth $161 million for Assiut Oil …
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Industry & Trade
Egypt: Sawiris’ OCI Declines to Pay EGP900mn Tax Arrears
by Yomna Yasserby Yomna YasserEgyptian Tax Authority (ETA) has referred to the country’s public prosecution a cheque issued by Orascom Construction …
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