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Attijariwafa files request to CBE for mobile and internet banking licenses
Attijariwafa Bank has filed requests to the Central Bank of Egypt to acquire mobile banking and internet banking licenses, Chairman…
CBE to cut rates by another 400 bps by end of 2020 -HC Securities
CBE to cut rates by another 400 bps by end of 2020 -HC Securities: The Central Bank of Egypt will…
Mastercard expects Egypt’s e-banking market to double before 2022
Mastercard expects Egypt’s e-banking market to double in size before 2022 as the Madbouly government and CBE push ahead with…
Adib Capital seeks regulatory approval for USD 50 mn sukuk issuance
Abu Dhabi Islamic Bank’s investment banking unit Adib Capital Egypt is planning to request regulatory approval from the Financial Regulatory…
CIB signs EGP 400 mn financing agreement with MUP
CIB has signed a EGP 400 mn medium-term financing contract with Medical Union Pharma (MUP), bringing the company’s total credit…
Egypt’s FRA finalizes new Insurance Act, capital minimum more or less the same
LEGISLATION WATCH- Small amendments to capital requirements in latest draft of proposed Insurance Act: The Financial Regulatory Authority (FRA) has…
Attijariwafa Bank appoints Hicham Seffa as MD, nominates Halla Sakr as chairman
MOVES- Attijariwafa Bank has appointed Hicham Seffa (LinkedIn) as managing director to succeed Halla Sakr, who has been named chairman…
Should we expect a bigger offering from the BdC IPO?
IPO WATCH- Banque du Caire IPO to be larger than previously expected? The CBE could offer more of Banque du…
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