Hany Genena, head of research at Beltone Financial, said that moving towards a flexible exchange rate of the Egyptian pound would be the main factor of economic growth and the government's economic reform programme.
Genena added that the inflow of (...)
The government has decided to once again rely on itself regarding the implementation of the economic reform programme, while the space left for private sector contribution has significantly shrunk.
After private sector investments used to make up a (...)
Hisham Okasha, chairperson of the board at the National Bank of Egypt (NBE), said that Egypt's economy has become better than before after starting a number of reforms in various economic sectors.
Okasha put an emphasis on the importance of (...)
In an interview with Daily News Egypt, National Bank of Egypt (NBE) Chairman Hisham Okasha outlines developments his bank is looking into in the coming months. Alongside the completion of phase two of developing the bank in the next month, the NBE (...)
HSBC Bank Egypt SAE's Deputy Chairman and Chief Executive Officer, Jacques Emmanuel Blanchet, talks to Daily News Egypt to outline the priorities and goals that the bank holds in Egypt.
What is HSBC's strategic plan for Egypt in the upcoming (...)
Tanmeyah Micro Enterprise Services has entered into an agreement with the Arab African International Bank (AAIB) to offer money transfer and ATM services in Egypt.
Microenterprise specialist Tanmeyah, a Western Union agent in Egypt, and the AAIB, (...)
A number of Islamic banks and financial institutions are awaiting the passage of a new legislative reform package to regulate the sector in the coming year.
The goal of the package is to create an environment conducive for Islamic banks to operate (...)