Egypt’s recent $1.4 billion currency swap agreement with the UAE will help reduce demand for the dollar …
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United Bank
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Egypt plans to offer shares in three of its state-owned companies on the stock exchange (EGX) in …
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Crédit Agricole Egypt denied a report on Monday it was undertaking due diligence on the potential acquisition …
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BREAKING: Egypt’s central bank picks Barclays for United Bank sale
by Yomna Yasserby Yomna YasserEgypt’s central bank has announced on Wednesday that it had picked Barclays Bank as its international financial …
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FACTBOX: 32 firms under Egypt state share sale programme
by Yomna Yasserby Yomna YasserEgypt has announced on Wednesday its share sale programme, which will involve selling stakes in 32 state-owned …
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Egypt’s pound surpasses EGP 27 level against dollar at closing
Egypt’s pound currency fell to surpass the EGP 27 level against the U.S. dollar during the closing …
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Saudi sovereign wealth fund in talks to acquire Egypt’s United Bank for $600 million
by Yomna Yasserby Yomna YasserSaudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF) is in advanced talks to acquire Egypt’s state-owned …
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BanksFeatureMoney
Egypt’s United Bank secures Afreximbank $600 million loan to support SMEs – sources
African Export-Import Bank (Afreximbank) will loan Egypt’s United Bank $600 million for on-lending to support small and …
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Egypt’s Central Bank Governor Tarek Amer said on Wednesday he expects the deal to sell a stake …
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