banking
September 16, 2021
Nasser Social Bank finances Swvl’s 14-passenger vehicles operating in Egypt
Egyptian ridesharing company Swvl has announced its cooperation with several banks operating in the Egyptian market to finance the provision of 14-passenger......
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September 16, 2021
Egyptian remittances record $31.4bn in FY 2020/21: CBE
The Central Bank of Egypt (CBE) said that remittances from Egyptians working abroad increased by about $3.7bn (13.2%) during fiscal year (FY) 2020/21,......
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September 14, 2021
FRA approves capital increase for HD Bank-
ArabFinance: The Financial Regulatory Authority (FRA) has agreed to publish the disclosure on the decisions of Housing and Development Bank's......
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September 14, 2021
Banque Misr to launch Egypt’s 1st gold investment fund
ArabFinance: Banque Misr plans to launch Egypt’s first gold investment fund, Al Shorouk News cited vice Chairman Akef El Maghraby. El Maghraby......
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September 13, 2021
Next-Gen Open Banking Modular Fintech as a Service Platform
Interactive Smart Communications (ISC, www.iscc.sa) a subsidiary of Mawarid Media & Communications Group, MMCG (a Saudi conglomerate), is announcing......
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September 12, 2021
Egypt sees 1 billion electronic banking transactions worth over EGP 2.8trn in FY 2020/21: CBE
The Egyptian banking system implemented about one billion electronic transactions, with a value exceeding EGP 2.8trn, during fiscal year (FY) 2020/21,......
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September 12, 2021
Arkan Palm receives EGP 1.5bn bank finance for 1st phase of ‘205’ real estate project
A banking alliance has concluded a long-term financing contract worth EGP 1.5bn with Arkan Palm for Real Estate Investment to finance part of the......
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September 12, 2021
Mashreq Bank Egypt appoints Ragia Samir as senior vice president, marketing head
Mashreq Bank has appointed Ragia Samir as Senior Vice President and Head of Marketing in Egypt. Ragia has more than 20 years of experience in the......
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September 12, 2021
To mark Farmer’s Day, Agricultural Bank offers new facilities in ‘Bab Rizq’ microfinance programme
The Agricultural Bank of Egypt (ABE) has announced the provision of new facilities to the beneficiaries of “Bab Rizq” microfinance programme,......
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September 8, 2021
Bank’s reach is tangible, its relevance is questioned, say experts at Finnovex ME 2021
Subsidiarity of banking system and digitalization boost of banking sector is the need of the hour, say experts assembled at Finnovex Middle East......
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