Monday, May 4, 2026
HomeBanking & Finance

Banking & Finance

The CBE’s new initiative to guarantee imports through Letters of Credit

Nap Estampador -
As of February the 22nd of February, importers must present letters of credit to import goods from abroad, according to a new initiative issued by...
Read more

Suez Canal Bank achieves 6% year on year growth in 2021

Arabiya Capital -
Suez Canal Bank reached EGP 57.4bn by the end of 2021, compared to 2020’s EGP 54.4bn, achieving a 6% growth rate, despite the continued...
Read more

EFG Hermes Corp-Solutions signs a USD25mln vessel finance deal with Transmar

Nap Estampador -
EFG Hermes Corp-Solutions, a subsidiary of EFG Hermes Holding and one of Egypt’s leading leasing and factoring companies, has signed a USD 25 million...
Read more

Fawry and partners establish ‘Roaderz’, A digital mobility platform for last-mile delivery

Arabiya Capital -
Fawry, Egypt’s leading e-payments solutions provider, announced today that it has signed an agreement with Samer Gharaibeh, Softec Technologies, and Ammar Zawaideh to co-found...
Read more

Commercial International Bank introduces new segment-based pricing for deposits

Arabiya Capital -
Commercial International Bank (CIB) announced a new restructuring of its retail products and services that are offered to different segments, individuals and SMEs. This...
Read more

ADCB Egypt net profit increases by 45% after one-year of operation

Arabiya Capital -
Abu Dhabi Commercial Bank (ADCB) Egypt has announced its financial results for 2021, marking its first year of operation in Egypt. Full of achievements, 2021...
Read more

First Abu Dhabi Bank submits a non-binding offer for a majority stake in EFG Hermes

Nap Estampador -
First Abu Dhabi Bank (FAB) announces that it has submitted a non-binding offer for a potential cash acquisition of a majority stake in Egyptian...
Read more

Egyptian startup – Thndr – raises $20 million to democratize investing in the Middle East and North Africa

Arabiya Capital Staff -
Thndr, the Egyptian digital investment platform, announces a new $20 million series A investment. The round was co-led by Tiger Global, BECO Capital and...
Read more

Standard Chartered receives in-principle approval to open its first branch in Egypt

Arabiya Capital Staff -
Standard Chartered Bank, is poised to establish a full-fledged banking operation in Egypt, instead of its current representative office set-up, after obtaining the in-principle...
Read more

Misr Capital and Fawry launch “Fawry Yawmy” money market fund using financial technology for the first time in Egypt and MENA

Arabiya Capital -
Misr Capital – the investment banking arm of Banque Misr, and Fawry – the leading fintech platform in Egypt and MENA, announced the launch...
Read more
1...373839...53Page 38 of 53

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