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Frequently Asked Questions

  • Yes guests are allowed provided they are accompanying the cardholder on the same flight.
  • Each guest will be charged by $32 per visit (to be paid at the lounge)

6 free access throughout the calendar year then every extra visit will be charged by $32 (it will be debited from the registered credit card)

No minimum spend required

Mutual funds and Certificates of Deposit (CDs) are two distinct investment options that differ in several key aspects, including structure, risk, returns, diversification and liquidity. below is a comparison:
  1. Investment Type
  • Mutual Funds: Mutual funds pool money from multiple investors to invest in a diversified portfolio of stocks treasury bonds or other securities. The value of your investment fluctuates based on the performance of the underlying assets.
  • CDs: A CD is a fixed-term deposit offered by banks and credit unions. You deposit money for a set period (e.g." 1 year 3 years etc.) and the bank pays you a fixed interest rate over that term. The principal is guaranteed and the interest is usually fixed.
  1. Return and Risk
  • Mutual Funds: These carry market risk because the value of the underlying securities can rise and fall. As a result" returns are variable and depend on the performance of the assets within the fund. Equity mutual funds tend to have higher potential returns but with greater risk whereas bond funds offer more stable albeit lower returns.
  • CDs: Generally considered low risk because your principal and interest are guaranteed by the issuing bank. However CDs face interest rate risk- if interest rates rise during the CD term your fixed rate become less attractive. The return is fixed and predictable but it is typically lower than the potential mutual fund earnings especially in a low-interest-rate environment.
  1. Liquidity
  • Mutual Funds: Generally liquid allowing investors to buy or sell shares daily. Some funds may offer weekly liquidity for entry and exit.
  • CDs: Funds are locked in until the maturity date. Early withdrawals may result in penalties such as losing some of the accrued interest and withdrawals are usually not allowed within the first six months.
  1. Diversification
  • Mutual Funds: Provide built-in diversification since the fund invests in a variety of securities helping to spread risk across multiple assets.
  • CDs: offer no diversification as the investment is concentrated in a single fixed-income product.

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CAE celebrates the LEED Platinum Certificate Award

On the occasion of the visit of the CEO of Credit Agricole S.A.,

Credit Agricole Egypt celebrates the LEED Platinum certificate

awarded for the first time in Egypt and North Africa to its Head office

The sole French bank in Egypt, Credit Agricole Egypt embraces

the highest standards of eco-system and efficient energy saving

Credit Agricole Egypt has proudly hosted Mr. Philippe Brassac, in his 1st official visit to Egypt in his capacity as CEO of Credit Agricole S.A.

During his visit, Mr. Brassac has celebrated the 1st LEED* Platinum Certificate in Egypt and North Africa awarded to Credit Agricole Egypt’s Head Office. On this occasion, he has expressed his satisfaction: “this award demonstrates Credit Agricole values as a responsible and a committed Group towards sustained development, fostering investments that generates growth”.

Mr. François-Edouard Drion, Chairman and Managing Director of Crédit Agricole Egypt stated: “Aiming to be the reference European Bank in Egypt, Credit Agricole Egypt made a large investment in its state-of-the-art eco-friendly Head Office that united all teams in one building to provide high-quality services guaranteeing customers’ satisfaction. Mr. Drion stated that: “today, Credit Agricole is proud that its Head Office is the 1st building in Egypt and North Africa to be awarded the Platinum LEED certificate. This represents our commitment to our social responsibility for environmental protection, sustainable development and our team members’ well fare. He added that: “this certification is the beginning of a systematic approach to improve building efficiency”.

Credit Agricole Egypt’s confirms its ecosystem leadership to obtain the LEED certificate

CAE succeeded in obtaining the platinum LEED certificate for its Head Office named Unity Building for its iconic design; out of which the building was set on reducing impacts on human health and on the environment through better site selection, construction, operation and maintenance.

Located in New Cairo, the Head Office depends on rationalizing power resources, in addition to providing maximum comfort to its staff. It includes a modern setup branch, different facilities to optimize the co-working environment including well-equipped training and meeting rooms and an auditorium that can take up to 300 persons in addition to a cafeteria, a restaurant, a gym and a green area.

About LEED Certification

LEED Certification is the Leadership in Energy & Environmental Design Building Rating System established and promoted by USGBC (US Green Building Council) in 1993. It is considered the most influential evaluation of the various environmental, green building and sustainability standards in the world.. Applying for LEED certification not only embodies the importance which enterprises attach to employee and public comfort but also represents enterprises’ commitment to their social responsibilities for environmental protection, sustainable development and emission reduction.

The platinum LEED Certificate is the highest level award to buildings that hold a pioneer stance in terms of energy saving and designs that is environment friendly all over the world.