Banks in Egypt switch to IBAN standard to ease cross-border transactions
IBAN used in international transfers, standard method for accurate identification of bank…
CIB obtains $100m support loan from CDC
Loan forms part of executive management plans to strengthen CIB’s capital base,…
CBE amends tourism worker support initiative
The article includes the payment of salaries for tourism sector workers for…
FEB refutes rumors of Egyptian banks funding GERD
Mohamed El-Etreby, FEB Chairperson stressed that there are no Egyptian banks, or…
CIB named Bank of the Year, Credit Agricole most efficient: Business News
The Business News Composite Index consists of four main indicators that address…
CBE provides EGP 7bn guarantee for corporate financing
Initiative aims to benefit clients of industrial, agricultural, and contracting private sectors…
CBE confirms financial soundness of banks operating in Egypt
Banking sector’s financial position reaches EGP 6.165trn, capital adequacy ratio increases to…
Egypt to borrow EGP 600bn through T-bills, T-bonds in 3 months
Finance Ministry to issue EGP 499.5bn of T-bills, EGP 100.5bn of T-bonds…
CBE reviews interest rate amid expectations to remain unchanged
No strong prospects for inflationary pressures off of rising electricity prices or…
C3 Social Impact Accelerator helps Middle East start-ups grow amid COVID-19
Hosting online lectures, workshops over longer period will provide our entrepreneurs with…