Tag: Egypt
Emirates NBD unveils millionaire account with AED 57 million prize pool
The account features a total prize pool of AED 57 million, distributed across various categories for Emiratis, residents, and businesses
FABMISR posts 139% surge in first-half net profit
Customers’ deposits rose by 39% to EGP 278.7 billion compared to December 2023
EFG Holding’s quarterly profit surges by 95% to EGP 791 million
The banking group’s commercial banking division posted EGP 426 million in Q2 net profit, a 55% YoY as revenue growth outpaced the growth in expenses
Crédit Agricole Egypt posts 67% half-year profit leap
The growth was attributed to growth in the bank’s corporate banking division despite the challenging and varied market conditions in the January-June period
Fitch says GCC banks show robust appetite for global expansion
GCC banks’ interest in Egypt is gaining momentum, driven by the improved macroeconomic environment
Egyptian Gulf Bank, Network partner to advance customer experience
The partnership is a significant milestone in enhancing the banking experience for EGBANK’s customers and advancing the bank’s digital transformation
Central Bank of Egypt keeps key policy rates unchanged
The central bank said that the decision reflects the recent developments and outlook at the global and domestic levels
CIB launches Egypt’s first private Mastercard Metal World Elite credit card
The exclusive card, available by invitation only, is designed for the bank’s high-net-worth clients within the private segment
Egypt inks four financing agreements with the EU
The first agreement is the “cross-border cooperation program for the Mediterranean Sea basin phase III for 2021-2027
Visa brings simplicity, convenience to booming subscription economy
The new solution supports Visa’s ongoing efforts to increase transparency and control in the subscription economy