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Got an EGP account at CIB? You won’t be able be to use your debit card overseas
CIB follows, HSBC, AAIB and the Arab International Bank in curbing access to FX
Two banks just stepped up overseas FX restrictions
Elab, Ethydco and EDC stake sales could happen by year’s end and ACUD is looking for a global advisor for…
Welcome to the hot seat
Three industry leaders on the opportunities + challenges in Egypt’s financial sector
Net foreign asset position improves slightly in August
FX liquidity in the banking sector deteriorated during the month
What’s a bank, anyway?
Whether you call them digital banks, challenger banks or neobanks, this much is clear: The flavor of the decade in…
The seven themes keeping the finance industry up at night
From uncertainty to generative AI and changes in who owns what, there has never been a more challenging time to…
Oil Min ups oil + gas investment forecast this fiscal year. PLUS: Adnoc, IFC x Banque du Caire, Avanz Capital, Orascom Investment + EgyptAir
The government now expects investment to be up to 60% higher than in the previous fiscal year
Edita turns to NBK to finance Fancy Foods acquisition
The amount will be used to refinance the acquisition of Edita Frozen Food Industries and fund its expansion.
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