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How correspondent banking works, and what the FinCEN clampdown on Banque Misr UAE means for business
As FinCEN proposes cutting Banque Misr’s UAE branches from USD clearing, we break down how cross-border payments work and why…
Hyde Park buys 415 feddans of historic Dream Land land in 6th of October City
Plus: UDF awarded a 20-year usufruct to Ananea Hotels & Resorts and Beit El Qahira to turn Wakalet El Shourbagi…
MNT-Halan’s retail book is 2.68x covered, with EGP 3.16 bn of orders for an EGP 1.18 bn tranche.
Good morning, folks. Ambition is the theme in today’s issue, and it starts with two stories you will read here…
Banque du Caire files to float 30% on the EGX
Good afternoon, ladies and gentlemen, and welcome to the start of a new — and this time, full — workweek. We’ve got…
MSC added its weekly Himalaya services at Damietta, its second new call there in recent months
PLUS: The New and Renewable Energy Authority is eyeing EGP 2 bn in credit facilities from local banks to accelerate…
Urban inflation eased to 13.9% in September, even as monthly prices continue to pick up
Last year’s high base pulled the annual rate down, even as food prices rebounded
CIB joins MNT-Halan’s IPO as a cornerstone investor
☀️ Good morning, friends, and happy long weekend. It’s been a shorter-than-usual week, yes, but plenty happened — we’ve got the…
Mashreq Egypt bags ICSA award for corporate banking digitalization push
Mashreq Egypt wins digital corporate banking award for its Neo Corp platform
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