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Credit Agricole to increase Egypt branches by 25% by end of 2022
Credit Agricole plans to expand the number of branches by 25% by the end of 2022, Managing Director Pierre Finas…
EGPC to borrow USD 650 mn to buy petroleum products
The Egyptian General Petroleum Corporation will take out a USD 650 mn loan from the International Islamic Trade Finance Corporation…
Lending by banks’ NBFI arms to count toward single obligor limits
REGULATION WATCH- CBE issues new regs to reduce bank lending risks: Restrictions placed on bank lending to corporate borrowers will…
CBE rolls out new regs for banks lending to microfinance players
The Central Bank of Egypt (CBE) has rolled out four new regulations for banks looking to provide funding for companies…
El Gazzar talks PPP housing projects with Egyptian real estate developers
Housing Minister Assem El Gazzar discussed setting up social housing projects under a public-private partnership (PPP) framework with representatives from…
FAB - Egypt to appoint Mohamed Abbas Fayed as CEO
MOVES- Mohamed Abbas Fayed is set to assume his position as CEO of First Abu Dhabi Bank – Egypt (FAB)…
Facebook tops the 2019 YouGov NextGen Word of Mouth Rankings in Egypt
Facebook tops Egypt’s YouGov NextGen brand survey: Facebook has again topped this year’s YouGov NextGen’s Word-of-Mouth rankings for Egypt. The…
Saudi Arabian online payment platform HyperPay eyes expansion in Egypt
Saudi Arabian e-payments company HyperPay is planning to expand in the Egyptian market, Chairman Abdullah Altamami told Zawya, without providing…
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