Egypt - Page 3
58 articles
CIB Egypt funds Turkish textile group with $80 million loan
CIB Egypt is lending $80 million to EMS Eroglu Knitting to help expand its textile complex in Qantara West. The deal targets export growth and thousands of new jobs, giving a lift to Egypt's industrial sector.
Emirates NBD Egypt warns customers: Don't hand your card to strangers at ATMs
Emirates NBD Egypt is telling its customers to keep their cards and PINs safe at ATMs. The bank warns that giving your card to anyone you don't know could lead to theft or loss of your money.
Egyptian banks push high-yield savings accounts in fierce deposit race
Egypt's top banks are rolling out savings accounts with steeply tiered rates and flexible rules, shaking up old deposit habits and raising the bar for big savers.
King Farouk's coin auction scattered treasures and changed collecting forever
When Egypt sold off King Farouk's legendary coin collection in 1954, thousands of rare coins hit the market at once. The sale set new standards for value, provenance, and showed the risks of forced liquidation in times of upheaval.
Paymob lands $35 million to push digital payments across MENA
Paymob has raised $35 million in pre-Series C funding to speed up its digital payment rollout for businesses in Egypt, Saudi Arabia, the UAE, Oman, and Pakistan. The company wants to reach more merchants across the MENA region.
ADIB Appoints Chief AI Officer to Drive Digital Banking Ambitions
Abu Dhabi Islamic Bank has named Pedro Uria-Recio as its first chief AI officer, aiming to accelerate responsible AI adoption and support its Vision 2035 strategy for innovation in Islamic banking
Constans II's Coins: How a Byzantine Emperor's Image Tracked Crisis
The coinage of Constans II offers a rare visual record of a ruler's aging and the Byzantine Empire's turmoil, from dynastic upheaval and religious conflict to the emperor's assassination and the collapse of key frontiers
Egypt's Only Ancient Coin With Hieroglyphs Marks End of Native Rule
A rare gold coin from Nektanebo II's reign is the only known ancient currency to feature Egyptian hieroglyphics, reflecting a pivotal moment as Egypt's last native pharaoh fought to maintain independence before Persian and later Greek conquest
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