Egypt’s parliament Oks conditions for licensing foreign lenders
Egypt’s parliament resumed on Sunday discussing the government's new drafted law on the Central Bank of Egypt (CBE)…
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Foreign Banks
Egyptian property Palm Hills mulls borrowing $121 mln from foreign banks
Egypt’s Palm Hills Developments is studying borrowing between 1.5-2 billion Egyptian pounds ($91.1-$121.4 million)…
Egypt’s central bank studying new foreign banking licences
Egypt is studying opening a new round of foreign bank licencing in the coming period, a senior central bank source,…
C.bank says Egypt signs $3.1bn funding deal for reserve boost
Egypt has signed a $3.1 billion financing agreement with international lenders as part of its efforts to increase…
Egypt: Banks’ Investments in T-bills Surge to EGP327 bln in October
The Egyptian banking sector’s investments in treasury bills increased by EGP 3.5 billion or 1.1%, registering…
Iran Sanctions: Foreign Banks Kick Sand in Uncle Sam’s Face
As I have pointed out before in this space, much of the most shocking evidence of America’s weakening position…
Foreign Banks Plan To Expand China Workforce By 56%, Pwc Says
HSBC Holdings Plc (HSBA) and Citigroup Inc. (C) are among foreign banks in China that plan to boost their combined…
