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El Etreby and Okasha reportedly set to swap positions in managerial shakeup of state banks
Good morning, friends. Welcome to the first day of both a new week and month. September looks set to be…
Last Night’s Talk Shows: Banks to secure FX to clear import backlog within 4 days, says El Sisi
It was another econ-heavy night on the airwaves, this time centered on President Abdel Fattah El Sisi’s speech during a…
CBE grants KfW’s Green for Growth Fund tier-two debt license
German development bank KfW’s Green for Growth Fund (GGF) now has a license from the Central Bank of Egypt (CBE)…
A spate of M&As to end the year
Abu Dhabi Commercial Bank (ADCB) has acquired a 51.5% stake in Alexandria Medical in a AED 64 mn (EGP 275…
National Bank of Egypt, Banque Misr chairmen reappointed for three-year terms
MOVES- National Bank of Egypt and Banque Misr bosses get three more years in office: A statement (pdf) says that…
NBE maintains top spot for syndicated loans in Egypt -Bloomberg
The National Bank of Egypt (NBE) was rated as the country’s top bank for syndicated loans for 1Q2020, having arranged…