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Hassan Abdalla is the new acting governor of the Central Bank of Egypt
Meet the CBE’s new acting chief: President Abdel Fattah El Sisi appointed Hassan Abdalla (bio), the former vice-chairman and managing…
Misr Capital won’t merge with CI Capital (for now)
Banque Misr is likely keeping its investment arm, Misr Capital, separate from CI Capital, in which it now holds a…
Last Night’s Talk Shows on 17 March 2021
Three main topics were vying for the talking heads’ attention last night: The Central Bank of Egypt’s new mortgage finance…
Are we getting 30-year, 3% mortgages?
Low- and middle-income earners will have access to EGP 100 bn-worth of subsidized mortgages, courtesy of the Central Bank of…
How about a vacation to Basel instead?
Banks have until 1 January 2022 to comply with updated Basel III requirements — aka Basel IV — on managing…
Central Bank of Egypt waives EGP 48.5 bn-worth of debt, interest payments for factories
The Central Bank of Egypt (CBE) has waived EGP 48.5 bn-worth of debt and interest payments for struggling factories and…
First Abu Dhabi Bank wants to start formal evaluation of Bank Audi’s Egypt arm
M&A WATCH- FAB wants to start formal evaluation of Bank Audi’s Egypt arm: First Abu Dhabi Bank (FAB) has sent…
New central bank board paves way for MPC meeting on 16 January 2020
RATE WATCH- Formation of new central bank board paves the way for monetary policy meeting a week from tomorrow: President…