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Cooperative Insurance Society creates sustainable insurance guide for local companies
The Cooperative Insurance Society has distributed a guide on sustainable insurance principles to local companies in a bid to encourage…
National Bank of Egypt seeks CBE approval to launch digital banking services
The National Bank of Egypt has requested Central Bank of Egypt approval to launch its planned digital bank, which it…
Enterprise Explains: The carry trade
Enterprise Explains: The carry trade: Much has been made recently about the return of the carry trade to Egypt, long…
What we’re tracking on 6 October 2020
Good morning, wonderful people, and welcome to the next-to-last business day of the week as banks and the EGX prepare…
EIB approves EUR 750 mn loan for Egypt’s SMEs, World Bank mulls railway funding
DEBT WATCH- The European Investment Bank (EIB) has approved a EUR 750 mn facility for Banque Misr to on-lend to…
Egypt’s NUCA signs EGP 50 bn syndicated loan agreement
The New Urban Communities Authority (NUCA) has borrowed EGP 50 bn from a consortium of local banks headed by the…
Fiber Misr mulls sukuk issuance
Fiber Misr is considering a sukuk issuance to finance ongoing projects, the local pressreports, citing unnamed sources familiar with the…
Mobile operators are bidding to become Africa’s bankers
Africa’s mobile network operators are using the pandemic as a chance to (literally) bank on the continent’s huge growth potential.…
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