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What we’re tracking on 22 May 2019
It’s a big day as we prepare to slide into the weekend, with blockbuster news for the banking industry, confirmation…
TE to roll out money transfer service through WE in partnership with Banque Misr
Telecom Egypt has signed an agreement with Banque Misr to launch a new money transfer service through the state-owned fixed-line…
FRA approves Marseilia Group’s EGP 12 mn capital increase
The Financial Regulatory Authority (FRA) has approved the EGP 12 mn capital increase of real estate company Marseilia Group, according…
QNB Alahli in talks with EBRD for USD 70 mn loan
QNB Alahli is in talks with the European Bank for Reconstruction and Development (EBRD) over a USD 70 mn loan,…
When cryptocurrency meets the banking sector
When cryptocurrency meets the banking sector: Blockchain technology can be leveraged to rewire the global financial infrastructure and simplify transactions…
Banking Act to impose term limits on board members at state-owned banks
LEGISLATION WATCH- Banking Act to impose term limits on board members at state-owned banks: The new draft Banking Act would,…
Bank Audi, NBG to present acquisition bid to the central bank in two week
M&A WATCH- Bank Audi, NBG seeking central bank signoff on sale: Bank Audi and the National Bank of Greece (NBG)…
When will we see capex spending pick up?
EXCLUSIVE- With interest rates likely to be left on hold this week, don’t expect a pickup in capex spending this…
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