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Banking & Finance

Egypt’s central bank issues LE 18.5 billion treasury bills

Arabiya Capital Staff -
The Central Bank of Egypt (CBE), on behalf of the Ministry of Finance, is set to issue LE 18.5 billion in treasury bills (T-bills),...
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EFG Hermes Holding concludes aiBANK acquisition

Arabiya Capital -
EFG Hermes Holding informed shareholders that it has completed its transformation into an Egyptian universal bank with a market-leading frontier emerging markets (FEM) investment...
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Coldwell Banker – Egypt launches its latest franchise program in Egypt

Arabiya Capital Staff -
Coldwell Banker - Egypt, a pioneer in real estate investment and marketing, announces the launch of its new Franchise Program in Egypt for the...
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Standard Chartered ‘Saadiq’ launches USD 100 million Islamic Financial Programme

Arabiya Capital -
Standard Chartered ‘Saadiq’ in collaboration with the Malaysian Halal Development Corporation, the launch of a USD 100 million Islamic financial programme dedicated to supporting...
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Emirates Development Bank, Dubai Industries & Exports sign strategic pact to boost industrial growth, exports

Arabiya Capital -
Emirates Development Bank, a key financial enabler of the country’s economic diversification and industrial transformation agenda, has signed a strategic agreement with Dubai Industries...
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Mastercard and Paymob launch Tap-On-Phone in Egypt, a new digital payment solution for small businesses

Arabiya Capital Staff -
Paymob, Egypt’s pioneer in digital payments, has partnered with Mastercard to launch the Tap-on-Phone digital payment acceptance service in Egypt, the first-of-its-kind in the country. Egypt has...
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GFH Financial Group net profit attributable to shareholders rises for the first nine months of 2021

Arabiya Capital -
GFH Financial Group announced its financial results for the third quarter and first nine months of the year ended 30 September 2021 (“the period”). The...
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NBK-Egypt provides finance of EGP 850 million to Madkour for Projects Company

Arabiya Capital Staff -
National Bank of Kuwait - Egypt (NBK-Egypt) provided a finance of EGP 850 million to Madkour for Projects Company, one of the leading national...
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Emirates Development Bank, National Bank of Fujairah sign MoU on credit guarantee, co-lending for SMEs in the UAE

Arabiya Capital -
The Emirates Development Bank (EDB) announced the signing of a Memoradum of Understanding with National Bank of Fujairah (NBF)to offer credit guarantee and co-lending...
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ADIB strengthens Fraud Management capabilities with SAS and Microsoft

Arabiya Capital -
Abu Dhabi Islamic Bank (ADIB) has reinforced its cloud-based fraud management technology in collaboration with industry leaders SAS and Microsoft. The new solution, powered...
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