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Commercial International Bank, IBM to integrate banking services

Egyptian banks suspend debit card use in foreign currency

Commercial International Bank told accountholders that debit cards could only be used for Egyptian pound transactions within the country.

Credit Agricole increases stake in Egyptian subsidiary

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...