Facing a hard currency shortage, Al Baraka Bank Egypt and EG-Bank have joined other Egyptian banks in temporarily restricting international credit card cash withdrawals. For international purchases, EG-Bank caps credit card spending at EGP 3,000, while Al Baraka allows higher transactions of EGP 7,750. To protect valuable foreign currency, Egyptian banks have clamped down on
Egyptian banks reduce foreign currency credit card spending limits - Economy - Business
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Egyptian banks reduce foreign currency credit card spending limits - Economy - Business
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Adib Egypt, Ifc Sign First Shariah-Compliant Subordinated Tier 2 Financing Agreement Worth $50M
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ADIB Egypt, IFC sign first Shariah-compliant subordinated Tier 2 financing agreement worth $50m
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