May 12, 2021

SAIB Bank posts EGP 5.25 M

ArabFinance: Societe Arabe Internationale De Banque (DAIB Bank) (SAIB) posted a net profit of EGP 5.250 million in quarter one (Q1) 2021, according......

May 6, 2021

FAB to complete integration of Bank Audi Egypt by 2022

First Abu Dhabi Bank, the UAE's largest lender by assets, has completed the transfer of Bank Audi Egypt's shares and will begin integrating......

April 27, 2021

Suez Canal Bank to launch mobile banking service

ArabFinance: Suez Canal Bank plans to launch it mobile banking services during the third quarter of 2021, Al Mal News cited the bank’s Chairman......

April 25, 2021

ACUD, MasterCard discuss turning New Capital into cashless city

Delegations from the Administrative Capital for Urban Development (ACUD) and Mastercard met to discuss the latest developments in the latter’s......

April 25, 2021

Egypt, EBRD sign deal to boost sustainable cities

CAIRO: Egypt has signed a memorandum of understanding (MoU) with the European Bank for Reconstruction and Development (EBRD) to boost development......

April 19, 2021

Egypt, World Bank discuss strengthening private sector partnerships

Egypt’s Minister of International Cooperation Rania Al-Mashat held a virtual meeting with officials from the Multilateral Investment Guarantee......

April 19, 2021

Banque du Caire to expand footprint in digital services

ArabFinance: Banque du Caire plans to expand its digital services to serve African and Arab markets in the near future through an e-payments arm,......

April 18, 2021

saib Bank targets over 50% growth in retail banking portfolio during 2021

saib Bank is targeting a growth of more than 50% in its retail banking portfolio during 2021, according to Amr Nossair, Head of Retail Banking and......

April 17, 2021

Bank of America Reports First-Quarter 2021 Financial Results

Bank of America reported its first-quarter 2021 financial results today. The news release, supplemental filing and investor presentation can be accessed......

April 12, 2021

SKY AD, FAB sign protocol for mortgage loans covering up to 85% of unit value

Sky Abu Dhabi Developments, a subsidiary of the UAE-based Emirati Diamond Group, has signed a cooperation protocol with First Abu Dhabi Bank (FAB)......