Banque du Caire (BQDC) has attracted strong foreign investor interest in its planned initial public offering (IPO) on the Egyptian Exchange (EGX), according to Hussein Abaza, the bank’s Managing Director and Chief Executive Officer (CEO).
Updated 10/26/2026 9:59:00 AM
Foreign currency deposits in Egypt's banks, excluding the Central Bank of Egypt (CBE), increased by 15.2% in 2024, reaching $58.17 billion by the end of December, according to the Central Bank.
Updated 2/6/2025 9:27:00 AM
Bank NXT, formerly the Arab Investment Bank (aiBANK), is seeking to double its deposits to $90 billion within the next three years.
Updated 10/1/2024 3:15:00 AM
