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The Export Development Bank (EDB) is in talks with the African Export-Import Bank (Afreximbank) to establish a joint cooperation framework…
The Export Development Bank (EDB) is waiting for the central bank’s approval on a USD 500 mn credit facility agreement…
EgyptAir is looking to borrow USD 870 mn from local banks to finance a portion of its planned purchase of…
Ride-hailing app Careem will be managing its cash inflows and payments using CIB’s Smart Wallet app under a new agreement…
SAIB Bank is currently in talks with the European Bank for Reconstruction and Development for a USD 20-30 mn loan…
National Bank of Egypt (NBE) is planning on increasing their exposure to the CBE’s Mortgage Finance Fund to EGP 5…
Banque du Caire will contribute EGP 3 bn and the Export Development Bank a further EGP 1 bn to an…
The central bank’s move to increase the required reserve ratio to 14% from 10% raises the cost of high-yield certificates…
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