Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Logistics (MENA) 
The CBE appears to be edging toward renewal of a six-month payment holiday for businesses most affected by covid-19
The CBE appears to be edging toward renewal of a six-month payment holiday for businesses most affected by covid-19. Commercial…
banking
Home
/
banking
EFG’s ValU is in talks with Egyptian banks for EGP 250 mn credit facility
EFG Hermes’ e-finance platform ValU is currently in talks with several unnamed banks for a new EGP 250 mn credit…
Earnings Watch: Orascom Development Egypt, Rameda, Fawry, B Investments, Raya, Beltone, ADIB, Oriental Weavers, GSK
EARNINGS WATCH- Rameda Pharma reported 54% bottom line growth in 2Q2020, with net profits rising to EGP 19.9 mn from…
FAB, Bank Audi Egypt’s acquisition talks to resume soon -sources
M&A WATCH- FAB’s acquisition of Bank Audi’s Egypt operations may not be dead. Negotiations that could see First Bank of…
Earnings Watch- AT Lease, Domty, Misr Cement Qena, Obour Land
EARNINGS WATCH- AT Lease reported EGP 35.7 mn in net profits during 1H2020, up 4.6% from EGP 34.14 mn in…
Egypt’s banks can now hold larger stakes in payment processing companies
REGULATION WATCH- Banks are now allowed to hold larger stakes in payment processing companies after the Central Bank of Egypt…
BdC studies license to accept POS payments
Banque du Caire may apply for a license to accept POS payments as part of its strategy to expand its…
Cairo Festival Mall, Premium Card to launch no interest installment program
Cairo Festival Mall is providing its shoppers with a zero interest pament payment program with Premium Card Group, according to…
Something went wrong. Please refresh the page and/or try again.