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DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a fund that was already at USD 105 mn before DPI…
Banks compete for deposits as CBE holds rates steady
Analysts are split on whether Egypt’s deposit race signals stress or strategy
Are one-year certificates gone for good? Not yet
Banks are less willing to lock in high one-year deposit costs as further CBE cuts loom, after leaning on exceptional…
NBE to buy additional 2% of Arab Contractors subsidiary for EGP 1.2 bn
M&A WATCH- NBE to acquire another 2% of Arab Contractors subsidiary? Arab Contractors reportedly sold another 2% of its shares…