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" banking"

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Business - Economy
1/11/2023 3:55:11 PM
The Central Bank of Egypt’s FinTech Egypt initiative launched on Wednesday the country’s first digital academy to empower employees with the right skills in the banking, financial, and fintech sectors.

Business - Markets & Companies
1/4/2023 4:14:57 PM
The Arab Banking Corporation (Bank ABC) has completed the legal merger of its two Egyptian subsidiaries BLOM Bank Egypt and Bank ABC Egypt, the bank announced on Wednesday.

Business - Economy
12/22/2022 2:44:56 PM
Egyptian Banking Institute (EBI), the official training arm of the Central Bank of Egypt, announced on Wednesday the launch of its online platform “Financial Literacy Hub” during a ceremony held in the presence of the heads of the financial inclusion and social responsibility departments in the Egyptian Banking sector.

Business - Economy
12/8/2022 7:30:40 PM
New amendments to the 2020's Unified Tax Procedures Law will not allow the Egyptian Tax Authority to obtain secret information about the personal banking accounts of ordinary citizens, confirmed the Central Bank of Egypt (CBE).

Business - Economy
12/1/2022 12:11:03 PM
The International Finance Corporation (IFC), a financing arm of the World Bank Group, alongside UAE, Japanese, Dutch, and private sector commercial banking partners, announced on Wednesday a $1.1 billion financing package for Egypt, including debt and equity.

Business - Economy
11/27/2022 2:43:00 PM
The Central Bank of Egypt (CBE) launched on Sunday its financial inclusion strategy for 2022-2025 that sets key objectives and priorities for creating financial inclusion in the country.

Business - Energy
10/4/2022 5:01:08 PM
The ECB's banking supervisor on Tuesday warned banks against easing capital requirements for energy suppliers and traders struggling with huge volatility in the sector, as this could enhance the vulnerability of financial institutions.

Business - Markets & Companies
9/20/2022 6:07:04 PM
The Central Bank of Egypt (CBE) has approved a package of procedures that aims to facilitate foreign exchange trading for import and export, several banking sources told Ahram Online.

Business - Markets & Companies
8/30/2022 4:30:45 PM
Egypt’s Financial Regulatory Authority (FRA) issued on Tuesday a licence for the Egyptian company Maksab for micro-financing in compliance with Islamic law – the first of its kind in the non-banking system in Egypt.

Business - Markets & Companies
8/8/2022 1:32:35 PM
Contact Factoring, a subsidiary of Contact Financial Holding and a non-banking financial services provider in Egypt, signed an agreement for EGP 125 million with OneOrder, an online one-stop shop that provides food supplies to hotels, restaurants, and coffee shops.

World - Region
7/26/2022 11:46:14 PM
Lebanon's parliament on Tuesday passed long-awaited amendments to the banking secrecy law to unlock a potential $3 billion financial assistance package from the International Monetary Fund (IMF), Al-Jadeed local TV channel reported.

Business - Markets & Companies
6/28/2022 9:04:00 PM
AMAN Group, one of the leading FinTech companies in the Egyptian market focusing on non-banking services, raised its capital by EGP 240 million in 2022 to reach EGP 615 million in order to meet its expansion plans in the Egyptian market through current and new extended services, CEO of AMAN Financial Services Hazem Moghazy told Ahram Online.

Sports - World
5/26/2022 7:11:21 PM
Manchester United chief Richard Arnold says he understands fans' frustrations after a disastrous season but hopes the arrival of new manager Erik ten Hag will lead to "renewed optimism".

Al-Ahram Weekly - Economy
5/10/2022 10:32:27 PM
Egypt’s financial inclusion rate increased by 115 per cent since 2016, writes Mai Ghandour

Business - Markets & Companies
5/10/2022 8:40:59 PM
A consortium of investors that includes Amethis, the European Bank for Reconstruction and Development (EBRD), and SPE Capital has acquired a majority stake of the Egypt-based GlobalCorp, a non-banking financial services provider, the parties announced on Tuesday in a joint statement.

Business - Economy
5/8/2022 10:08:44 PM
After a nine-day holiday due to Eid El-Fitr and Labour Day celebrations, Egypt’s banking sector resumed work on Sunday amid calm as the Egyptian pound remained stable despite the US Federal Reserves' recent decision to raise interest rates.

Business - Markets & Companies
4/14/2022 11:30:35 AM
First Abu Dhabi Bank (FAB) has decided to withdraw its offer for purchasing Egypt-based banking investment group EFG Hermes Holding SAE, Abu Dhabi Securities Exchange (ADX) announced on Thursday.

War in Ukraine - Economy
4/11/2022 10:06:04 AM
French banking group Societe Generale said Monday it was ceasing its activities in Russia and selling its majority stake in Rosbank, weeks after Ukraine's leader urged French firms to leave over Moscow's invasion of his country.

War in Ukraine - Economy
4/10/2022 3:36:57 PM
Germany's banking regulator on Sunday said it had stripped Russia's VTB of control over its European subsidiary as sanctions hit the second-biggest Russian bank over the war in Ukraine.

Advertising - Advertisement
3/30/2022 5:19:04 PM

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