Tag: Egypt
Egypt’s central bank hikes key interest rates by 200 bps
The interest rate increase is the first this year after the central bank kept its monetary policy unchanged in February
Banque Misr, EgyptAir sign cooperation protocol in digital payments
The partnership was hailed as an expansion of Banque Misr’s achievements in the field of digital payments and support for digitalisation
Egypt secures $7 billion, five-year partnership from World Bank
The framework’s projects will be supported with a “financial envelope” of $7 billion in lending
e& Egypt, Mastercard partner to enhance digital experience
The partnership supports Egypt’s digital transformation that is expected to further boost financial inclusion
Banque Misr reinforces partnership with Mastercard to enhance payments
Banque Misr is continuously striving to support digital transformation by providing solutions that facilitate advanced banking
Egypt reportedly expands citizenship program to attract FDI
Egypt initially launched its citizenship by investment in 2018, paving the way for foreigners living in the country to apply for citizenship after five years of residency
EFG Hermes advises MNHD on EGP 805.5 million securitized bond issuance
EFG Hermes said the transaction is the latest in a series of debt issuances closed by its investment banking division for MNHD
NBK-Egypt’s full-year profit surges to EGP 1.82 billion on higher revenues
NBK-Egypt’s assets stood at EGP 105.1 billion by the end of the fiscal year 2022, a 36% increase compared to EGP 77.5 billion in 2021
Egypt’s Taly unveils full-fledged digital payments ecosystem
The payments firm said its pioneering solutions facilitate payments between banks, corporates and consumers through a seamless ecosystem.
Egypt, Jordan, UAE, Bahrain sign $2 billion industrial agreements
Egypt, the UAE, Jordan and Bahrain have signed agreements to set up nine integrated industrial projects with an investment of over $2 billion.
The 12...