Egypt’s Banking Sector Sees Notable Improvement in Net Foreign Asset Position in March
Egypt’s banking sector recorded a significant improvement in its net foreign asset (NFA) position, which widened by USD 4.86 billion month-on-month to…
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Egypt’s banking sector recorded a significant improvement in its net foreign asset (NFA) position, which widened by USD 4.86 billion month-on-month to…
First Abu Dhabi Bank Misr (FABMISR), one of the largest banks operating in Egypt, announces the successful opening of four new branches…
Mashreq Bank PSC (MASQ) reported its financial results for Q1 2025. Mashreq continues to deliver market-leading returns, supported by best-in-class asset quality…
Tanmeyah, a subsidiary of EFG Holding and a leading provider of financial services in Egypt with a concerted focus on microfinance enterprise…
MDP has successfully obtained the Card Eco Certification badge from Mastercard. In line with Mastercard’s Sustainable Card Program launched in 2018, MDP…
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided today to cut the CBE’s overnight deposit rate, overnight…
- Mashreq successfully completes its inaugural Sukuk issuance under the US$ 2.5 billion Trust Certificate Issuance Programme - Marks the first public…
• EGP 3.9 billion of banks’ contributions allocated to support priority service sectors throughout the year • Focusing on healthcare and social…
Malaak El-Baba, General Manager of Visa Egypt, has been awarded the 'Inspiration Award' for the Europe, Middle East, and Africa (EMEA) region…
In celebration of "Arab Financial Inclusion Day," bank employees across Egypt are stepping outside their branches to deliver a range of services…
Mr. Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), welcomed Dr. Alfred Hannig, Chief Executive Officer of the Alliance for…
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), inaugurated the 19th…
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), inaugurated the 19th…
ALEXBANK published its financial results for the financial year 2024, confirming the strength of its performance. Despite the economic challenges and difficulties…
Tamer Waheed Vice Chairman and Managing Director commented, our shift, towards a liabilities driven market approach, achieved its desired results, AAIB continued…
