Dollar fixed for second time after CBE’s 20 piaster devaluation
Anticipating the central bank’s next move is difficult, says banker
Visa, Egyptian government cooperate to promote tourism, stimulate e-commerce: MENA General Manager
North Africa region witnesses the most cooperation between Visa and its states’…
Egypt has high-level technological innovation, UAE leads field: UNB CEO
Middle East Banking Forum continues path towards achieving quality and excellence in…
Fawry supports government’s efforts to develop cashless community: Sabry
The company is preparing to launch new services and access 17 million…
5 banks represent UAE in Egyptian market
Five UAE banks currently operate in the Egyptian market; Emirates NBD, the…
UAE Banks Federation hosts third annual ME Banking Forum
The forum is held in cooperation with the Financial Times Live, and…
NBE, Banque Misr collect EGP 28bn within 5 days, expected to increase
Both banks attracted liquidity from outside banking sector, dollar selling operations to…
CBE to cover 25% of banks’ temporary credit facilities granted to importers in foreign currencies
Banks are obliged to deposit the amounts the will obtain with the…
Official instructions on converting importers’ debts not yet received: Banks
A prominent banker told Daily News Egypt that banks operating in the…
EAEF to increase investment in Egypt to $1bn over 3 years
The Egyptian-American Enterprise Fund (EAEF) targets increasing its investments in the Egyptian…