Financial institutions in Egypt
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Egypt's BOP records $1.5 bn surplus in FY 2013/14
Egypt's balance of payments in surplus despite low tourism as remittances and Arab aid increase.
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Payfort launches pay@store service in Egypt
Payfort has announced the launch of its pay@store service in Egypt.
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Fawry announces launch of traffic fine payment service
The service will initially be launched in the Cairo and Giza governorates and gradually be rolled out nationwide.
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MIGA offer $1bn guarantees for cross-border investments in MENA
We are ready to attract investors in power, infrastructure, transport, and agribusiness sectors, says CEO.
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Egypt's Raya approves seizing HSBC stake in Fawry
HSBC bank stake in Fawry reached 280 thousand shares with EGP18.62 per share and with EGP5.213 million total value of the deal.
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Saxo Bank considers adding EGX to global markets by end of 2015
Masry believes that the Egyptian Exchange has a promising future in light of the political stability that lies ahead.
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No plans to privatize Egypt stock market: Chairman
There are currently no plans to privatize Egypt’s stock market either in the near or distant future, according to the head of the bourse.
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New council must determine economic roadmap: CIB managing director
The council must be independent and serve an advisory purpose, Hisham Ezz Al-Arab says.
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Egypt's economy to grow 6% in the new 3 years, says finance minister
Egypt has struggled to curb its swelling budget deficit whilst meeting soaring energy demands, resulting in electricity cuts around the country.
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Barclays Egypt to open new branches, expects profits to grow
Bank projects profits to grow by 15% this year as it plans expansion in upscale Cairo suburbs.