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Swiss banks face scrutiny after HSBC client cuts

HSBC’s Swiss private bank is winding down relationships with more than 1,000 ultra-high-net-worth clients across the Middle East after classifying many of them as...

Central Bank of Egypt reportedly launching electronic KYC services

The Central Bank of Egypt has reportedly finished the testing stage of its electronic know-your-customer (KYC) service.

Health insurance startup SmartCare nabs $1.2m from EAEF

Egypt-based SmartCare, a provider of online medical care programmes, has received $1.2m backing from the Egyptian-American Enterprise Fund (EAEF).

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