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CBE To Conduct Three FX Auctions This Week: Sources
The Central Bank of Egypt (CBE) will conduct three FX auctions on Sunday, Tuesday and Thursday of this week as…
Morsi Approves Nomination Of Hisham Ramez As CBE Governor
The Egyptian President Mohamed Morsi has approved on Saturday the appointment of Hisham Ramez as governor of the…
Mubarak’s EGP 18 Mln Transferred To CBE On Al-Ahram Gifts Case
The Egyptian chief public prosecutor Talaat Ibrahim has ordered the transfer of EGP 18.286 million, belonging to…
EGPC Grants Local Banks Extension Till Mid-Feb To Present Funding Offers
The Egyptian General Petroleum Corporation (EGPC) has not received any offers from the National Bank of Egypt…
US$12.8 Bln Foreign Investments Flee Egypt In 2011, 2012: CBE
The Central Bank of Egypt (CBE) stated that foreign investors divested US$ 12.839 billion from the Egyptian market…
CBE Reveals Foreign Currency Funds’ Usages In 2011, 2012
The Central Bank of Egypt (CBE) revealed the uses of the foreign currency funds allocated by the government for…
UK Authorities Probe Barclays Over Qatar Loan: FT
British authorities are looking into an allegation that Barclays loaned Qatar money to invest in the bank as part…
Banque Misr Receives EGP 584 Mln In E-Payments
Banque Misr has received EGP 584 million in e-payments as the bank adopts the idea of making all payments conducted…
NBE’s Retail Loans Hit EGP 20 Bln In 2012
The National Bank of Egypt’s (NBE) retail loan portfolio registered EGP 20 billion at the end of 2012, compared to…
Banks Arranging Egyptian Potash Loan Sign Terms Sheet
The National Bank for Development (NBD), Bank Audi Egypt and Banque Misr, arranging an EGP 688 million loan for the…