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SME lenders and digital banks to be made exempt from new capital requirements in proposed Banking Act
EXCLUSIVE- SME lenders and digital banks to be made exempt from new capital requirements in proposed Banking Act: The proposed…
What we’re tracking on 17 February 2020
The central bank’s push to develop SME and digital banks and M&A news lead an otherwise reasonably quiet morning. We’d…
Dice Garments has signed a USD 5 mn medium-term loan contract from Qatar National Bank
Dice Garments has signed a USD 5 mn medium-term loan agreement with Qatar National Bank, according to a disclosure to…
CI Capital reports 46% increase in net profits
EARNINGS WATCH- CI Capital reports 46% increase in profits: CI Capital net profits increased 46% in fiscal 2019 to EGP…
Central Bank of Egypt shuffles its committees
The Central Bank of Egypt (CBE) has shuffled its audit, management, and capital markets and banking reform committees. Financial Regulatory…
Egypt hedged against rising oil prices this year, Maait confirms
Egypt hedged against rising oil prices this year, Maait confirms: Egypt took out hedging contracts to guard against rising oil…
Enterprise Poll: Analysts divided over which way the CBE will go with interest rates
SURVEY- Analysts are split down the middle on whether the Central Bank of Egypt will resume its easing cycle when…
Odin investments in talks to acquire stake in a local financial leasing firm
Odin Investments is in talks to acquire a stake in an unnamed local financial leasing firm, the company said, according…
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