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Your top 5 pieces of business and economic news in October
Your top 5 pieces of business and economic news in October: A changing of the guard at CIB: CIB chairman…
Enjoy CIB Internet and Mobile Banking
Enjoy CIB Internet and Mobile Banking: You can bank from the comfort of your computer and smartphone with CIB internet…
The creators of Egypt’s modern economy
Muhammad Ali: Progress or short-lived glory? The “father of modern Egypt” is known for much more than streamlining the economy,…
Banque Misr could provide EGP 6.6 bn in sharia compliant loans to seven real estate developers
Banque Misr could provide EGP 6.6 bn in sharia-compliant loans to seven real estate developers, Al Shorouk reports, citing unnamed…
Net foreign assets in Egyptian banks surge in September
Net foreign assets in Egypt’s banking sector surged by 32% m-o-m in September, as foreigners continue to return to government…
New regulatory framework for SME lenders announced
REGULATION WATCH- SME lenders will need to be set up as joint-stock companies with a minimum capital of EGP 30…
Egypt adds USD 800 mn to foreign reserves in October
Egypt adds USD 800 mn to foreign reserves in October: Egypt’s foreign reserves grew for the fifth consecutive month in…
Who’s in the market for debt? Vetopharm Int’l + EDB
Vetopharm International has obtained a EGP 650 mn syndicated loan from local banks to finance a new production facility in…
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