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Fawry offers its electronic payment services to Sudanese customers via Soug al-Sudan – alsoug.com

Arabiya Capital Staff -
Fawry for Banking and Payment Technology Services, Egypt’s leading provider of e-payments and digital finance solutions, announced today that it will begin providing Sudanese...
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QNB Alahli and Capiter sign cooperation agreement to bring easy financing to merchants

Arabiya Capital Staff -
Capiter, the Cairo-based B2B e-commerce startup signed a cooperation agreement with QNB Alahli to bring easy financing to merchants using its platform. The agreement...
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Central Bank of Egypt: Overall market value of Egypt’s banks neared 9 trillion EGP by November 2021

Arabiya Capital -
The total financial position of banks working in the Egyptian market increased by around EGP 1.006 Tn from July 2021, achieving EGP 8.954Tn by...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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.

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