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Central bank to end support for subsidized loans
The Central Bank of Egypt is going to stop providing funding for subsidized loans and pass the responsibility to the…
EFG Hermes + Juhayna release 3Q / 9M 2022 numbers
EFG Hermes’ net income before tax and minority interest surged 70% y-o-y to EGP 650 mn in 3Q 2022 as…
The Enterprise Climate CEO Poll: Joel Van Dusen, head of corporate and investment banking at Mashreq
Enterprise Climate CEO Poll- Joel Van Dusen: With just a few days to go until COP27 winds down in Sharm…
MNHD income more than doubles in 9M 2022 + CIB’s bottomline rises 16% in 3Q 2022
Madinet Nasr Housing and Development’s (MNHD) net income was up 112% to record EGP 545 mn in the first nine…
CBE issues binding regulations for sustainable finance for banks
It’s time for more responsible banking: The Central Bank of Egypt issued binding regulations designed to promote sustainable finance in…
e-Finance to launch cloud computing platform this month
EGX-listed e-payments giant e-Finance will launch a cloud computing platform later this month and has inked a protocol with the…
QNB Al Ahli could be getting USD 20 mn in EBRD funding to lend to youth-led SMEs
EBRD money for youth-led SMEs: Qatar National Bank Al Ahli (QNB Al Ahli) could be getting a senior unsecured loan…
Musk takes over at Twitter + US earnings face USD 10 bn hole in 3Q thanks to stronger greenback
Musk is now officially chief twit: Elon Musk has closed his USD 44 bn acquisition of Twitter after a six-month…
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