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THIS EVENING: Local banks get CBE instructions to bar FX transactions on EGP debit cards
Good afternoon, ladies and gents. It’s by far a calmer day today than it was yesterday, although we’re running with…
Beltone flags push into non-bank financial services — and it’s looking to get into the ratings game
The company has money to spend after closing a EGP 10 bn capital increase in July
Got an EGP account at CIB? You won’t be able be to use your debit card overseas
CIB follows, HSBC, AAIB and the Arab International Bank in curbing access to FX
Current account surplus in 4Q as imports fall, tourism revenues rise
Egypt generated record revenues from tourism and the Suez Canal during the fiscal year
Two banks just stepped up overseas FX restrictions
Elab, Ethydco and EDC stake sales could happen by year’s end and ACUD is looking for a global advisor for…
Contact Financial closes EGP 1.5 bn securitized bond issuance
Contact Financial Holding has closed an EGP 1.5 bn securitized bond issuance for subsidiaries in its consumer finance portfolio, including…
Welcome to the hot seat
Three industry leaders on the opportunities + challenges in Egypt’s financial sector
Net foreign asset position improves slightly in August
FX liquidity in the banking sector deteriorated during the month
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