Monday, May 6, 2024
HomeBanking & Finance

Banking & Finance

Suez Canal to increase transit tolls for ships by 15% in 2023

Arabiya Capital Staff -
Egypt’s Suez Canal Authority (SCA) will increase transit tolls for ships passing through one of the world’s most vital trade routes by 15% from...
Read more

Banque Misr gets $100 million loan from EBRD to boost green investments in SMEs

Arabiya Capital Staff -
The European Bank for Reconstruction and Development (EBRD) has granted a $100 million loan to Banque Misr to lend to small and medium-sized enterprises...
Read more

Credit Agricole increases stake in Egyptian subsidiary

Arabiya Capital Staff -
Crédit Agricole Group acquired 60 million additional shares in its Egyptian unit Crédit Agricole Egypt, taking shareholding to 52.185% stake from 47.385%. “This bears witness...
Read more

Egypt’s net foreign reserves drop slightly amid IMF talks

Arabiya Capital Staff -
Egypt’s net foreign reserves dropped slightly in August, the central bank said Thursday, as the North African country strives to secure International Monetary Fund...
Read more

Egypt reportedly backing flexible pound amid devaluation calls and IMF talks

Arabiya Capital Staff -
Egypt is now backing a more flexible currency to support its economy, a top-level government official said Tuesday, as the Arab world’s most populous...
Read more

Egypt’s non-oil activity shrinks further in August, says S&P Global

Arabiya Capital Staff -
Egypt’s non-oil private sector activity contracted for the 21st month running in August and the business outlook remains subdued amid growing concerns over the...
Read more

Central Bank of Egypt raises cash withdrawal limits

Arabiya Capital Staff -
The Central Bank of Egypt (CBE) raised the maximum amount of cash customers are allowed to withdraw from their bank accounts and scrapped limits...
Read more

EFG Hermes’ BNPL firm valU acquires HR and payroll platform Paynas

Arabiya Capital Staff -
Egyptian buy now pay later (BNPL) firm valU said Tuesday that it has acquired Paynas, a full-fledged employee management and benefits company that offers...
Read more

Central Bank of Egypt keeps key interest rates unchanged, names acting governor

Arabiya Capital Staff -
The Central Bank of Egypt (CBE) kept its interest rates unchanged on Thursday, a day after Governor Tarek Amer stepped down just over a...
Read more

EFG Hermes signs a $39.2 million sale and leaseback deal with Egypt’s Marakez

Arabiya Capital Staff -
Egyptian universal bank EFG Hermes said Wednesday that its leasing and factoring arm has signed a $39.2 million (EGP 750 million) sale and leaseback...
Read more
1...242526...43Page 25 of 43

More news

EDITOR PICKS

POPULAR POSTS

CATEGORIES

Arabiya Capital provides dedicated news, features, data and updates on the unprecedented and accelerating changes taking place in Egypt’s banking and finance markets. Our news, articles, events and data are accessible across our many platforms -digital, online, print, roundtable debates, webinars, events (actual & virtual), awards, memberships and polling.

VAST Media Middle East

Contact No. +971 50 1005488
Al Saaha Offices, Old Town Island
Burj Khalifa District,PO Box 487177, Dubai UAE
www.arabiya-capital.com | info@arabiya-capital.com

© Arabiya Capital 2021