Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Infrastructure 
FEB looks to settle around 800 tax disputes filed by 25 member banks
The Federation of Egyptian Banks (FEB) is apparently looking to settle around 800 tax disputes filed by 25 of its…
Banking
President confirms Omran as head of EFSA
President Abdel Fattah El Sisi confirmed Mohamed Omran’s appointment as Egyptian Financial Supervisory Authority Chairman in a decree yesterday,according to…
Banque Misr to start negotiations with the CBD for CNY 3 bn loan
Banque Misr will begin negotiations soon with the China Development Bank (CBD) to establish a CNY 3 bn credit line,Vice…
Banque Misr reverses decision to cut rates on deposits -source
Banque Misr has cancelled its decision to cut interest rates on EGP-denominated savings accounts by up to 75 bps after…
CBE increases Mortgage Finance Fund to EGP 20 bn
The CBE decided on Monday to allocate an additional EGP 10 bn to its Mortgage Finance Fund, bringing the total…
Egyptian Agricultural Bank gets EGP 250 mn in financing for SME development
The Microfinance Projects Development Authority (formerly known Social Fund for Development) is extending EGP 250 mn to the Egyptian Agricultural…
SCA in the market for EUR 300 mn loan to finance dredger purchase
The Suez Canal Authority (SCA) has asked Banque Misr and National Bank of Egypt for a EUR 300 loan to…
Banque Misr drops interest rates on deposits after CBE raises local currency deposit reserves
Banque Misr reduced its interest rates on deposits by 75 bps on Wednesday in response to the CBE’s decision to…
Something went wrong. Please refresh the page and/or try again.