Bank of Alexandria: Profits Fall 2.2% in 9 Months
The Bank of Alexandria (BOA), one of the largest banks in Egypt, reported a decline in its 9-month profits by 2.2%…
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CBE Requests EGP45 bln from Banks in 17th Auction of Deposit Operations
The Central Bank of Egypt (CBE) has demanded around EGP45 billion domestic surplus liquidity from the banks which…
Telecom Ministry Pumps EGP30 mln to Support Emerging Enterprises: Minister
Eng. Atef Helmy, Egyptian Telecom Minister participated in ‘Rise Up Egypt’ conference which hosted by Egypt over…
Telecom Egypt to Provide NBE with Fiber-Optic Tech Services for 5 Years
Telecom Egypt (TE)(ETAL-CA) has signed new agreement with the National Bank of Egypt (NBE) in order to update the…
Fawry Expands Abroad Egypt by Early-2014
Fawry Electronic Bill service is planning to expand abroad Egypt through launching e-payments services in other…
Royal Insurance-Egypt Eyes Opening 2 Branches Within 2014
Hassan Darwish - Vice Chairman & Managing Director of Royal Insurance said Royal is aiming to expand…
NBE’s Environmental Finances Hit EGP1.2 bln at October-End
The total environmental finance of the National Bank of Egypt (NBE) hit around EGP1.2 billion at the end of last…
Orange Said to Sell Dominican Republic Unit to Altice
Orange SA (ORA), France’s biggest phone company, is nearing an agreement to sell its Dominican Republic unit to…
C. Bank Sells EGP5.5 bln T-Bills on Sunday
On behalf of the Egyptian Finance Ministry, the Central Bank of Egypt has offered today 91- and 266-day treasury…
Pumping Fresh Economic Stimulus Packages Depend on Private Sector’s Investments
Dr Ashraf El Araby, Minister of Planning and International Cooperation said the government is ready to pump much…