FEB: 75% of Egypt Banks Effective in ‘Informal Areas’ Initiative
75% of total banks in Egypt decided to have their active role in upgrading informal areas and slums across the…
Faisal Islamic Bank Opens New Subsidiary in Shoubra Misr this Month
Faisal Islamic Bank of Egypt is targeting to inaugurate new subsidiary in Shoubra Misr within the current month,…
Egypt’s Interior, ICT Ministries Ink Protocol to Develop Traffic Services
The Egyptian Information and Communication Technology (ICT)and the Interior Ministries have inked joint cooperation…
C.Bank Offers its 1st FX Auction US$40mln of this Week
The Central Bank of Egypt (CBE) has offered today its first foreign exchange auction for this week totaled US$ 40…
Egypt’s Handicraft Exports Hit $452 million in Q1
Egypt’s exports of handicrafts recorded around $452 million during the first quarter of the current year, up from…
PM Mehleb Holds This Week Emergency Meeting with Egypt Bourse Chief
Egypt’s interim Prime Minister Ibrahim Mehleb holds this week an emergency meeting with the country’s bourse chief…
Egypt’s ICT Minister Unveils 5 Tech-Villages Will Launch Soon
Egyptian Information and Communication Technology (ICT) Minister Atef Helmy announced that it is started to…
NBE’s Personal Loans up EGP25 bln, EGP335 bln Deposits at March-End
The total customers’ deposit portfolio of the National Bank of Egypt (NBE) reached up EGP335 billion at the end of…
GAIF Approves its Financial Statements, Hitting US$1.4m Revenues in 2013
General Arab Insurance Federation (GAIF) approved its financial statements for the previous year during its last…
European Central Bank Awards EastNets Technical Audit Consultancy Services
EastNets, a leading global provider of compliance and payments solutions for the Financial Services industry, has…