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Bridging the gap between low banking penetration and high mobile adoption
Making It’s next guest bridged a gap between low banking penetration and high mobile adoption. Her business was built to…
MNHD signs EGP 2.1 bn loan agreement with NBE, AAIB and Banque Misr
Madinet Nasr Housing and Development has signed a EGP 2.1 bn long-term joint loan agreement with the National Bank of…
National Bank of Egypt, Banque Misr sell EGP 121 bn of high-yield certificates
State banks sell EGP 121 bn of high-interest saving certificates: National Bank of Egypt (NBE) has sold EGP 82 bn…
Cairo 3A closes EGP 420 mn acquisition of Egyptian Starch & Glucose
M&A WATCH- Cairo 3A closes EGP 420 mn acquisition of Egyptian Starch & Glucose after successful MTO: Cairo 3A has…
FinMin to guarantee EGP 3 bn of low-interest CBE loans for tourism industry
FinMin to guarantee EGP 3 bn of low-interest CBE loans for tourism industry: The Finance Ministry will guarantee EGP 3…
FAB completes due diligence on Bank Audi Egypt acquisition, now finalizing its offer
M&A WATCH- FAB completes due diligence on Bank Audi Egypt: First Abu Dhabi Bank (FAB) has completed due diligence on…
CBE may extend subsidized loan program to contractors
CBE may extend subsidized loan program to contractors: CBE Governor Tarek Amer will propose allowing contractors to access subsidized loans…
Enterprise Poll: CBE to leave interest rates unchanged in May 2020
ENTERPRISE POLL- CBE to leave interest rates unchanged when it meets this week: The Central Bank of Egypt will likely…
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