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Digital currencies are now on the agenda for many central banks
Cryptocurrencies are now firmly on the radar of central banks: Facebook’s controversial plans to launch its Libra cryptocurrency has “spooked”…
Fitch forecasts 50 bps rate cut in November MPC meeting
Fitch Solutions expects the CBE to cut interest rates by 0.5% before the end of the year, and 1.5% in…
EIB agrees EUR 500 mn credit line to Banque Misr to support SMEs
The European Investment Bank (EIB) has signed a EUR 500 mn financing agreement with Banque Misr to support SMEs and…
Private investors to take the reins in new govt-backed Africa-focused brokerage and marketing company
Private investors to take the reins in new govt-backed Africa-focused brokerage and marketing company: A new government-backed brokerage and marketing…
Egyptian Soha El Turky appointed VP, CFO of EBRD
MOVES- Soha El Turky (LinkedIn) is set to leave Banque du Cairo to become vice president and chief financial officer…
Dice to complete Cairo Cotton acquisition before the end of the year
M&A WATCH- Dice’s takeover of Cairo Cotton almost complete: Dice Sport and Casual Wear will acquire Cairo Cotton before the…
Central Bank of Egypt’s Amer promotes reform journey in IIF speech
Egypt’s banking sector has a lot of upside potential — and the way forward is to continue enacting structural reforms,Central…
United Bank signs financing agreement with MNHD
The United Bank signed a financing agreement with Madinet Nasr Housing and Development to fund its planned construction of EGP…
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