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BdC mulls digital services arm in Africa and ME
Banque du Caire (BdC) is looking to expand its digital services to serve African and Arab markets in the near…
Egypt ranks third in US News’ Best Countries’ economic resilience category
Egypt ranks third in Best Countries’ economic resilience category: Egypt landed in third place in the “Best Movers” sub-category of…
Senate to discuss Thanaweya Amma overhaul; a good week on Wall St.
Good morning, wonderful people, and welcome to the last full work week of Ramadan. As things stand: Next week will…
Can a green future be good for both people and the planet?
The green transition is picking up momentum, with left-wing politicians in the developed world increasingly calling for climate change mitigation…
Cabinet approves AfDB financing for wastewater utilities near Luxor
Egypt will be getting at least EUR 108 mn from the African Development Bank (AfDB) to install wastewater utilities in…
EFG board greenlights Arab Investment Bank acquisition
EFG Hermes and the Sovereign Fund of Egypt are getting closer to acquiring a combined 76% stake in the Arab…
Managing director, non-executive chairman named for new central clearing and depository company
Yasser Zaazaa (bio) has been appointed managing director of the newcentralclearing and depository company for state debt issuances, while Central…
National Bank of Egypt profits drop 40% in 2019-2020
State-owned National Bank of Egypt’s net income declined 40% to EGP 13.1 bn in its 2019-2020 fiscal year, compared toEGP…
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