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Egypt’s Inflation Registered Negative Rate Of 0.25% In November
Egypt's core inflation rate set by the Central Bank of Egypt (CBE) registered a negative rate of 0.25% last…
NBE, BM, NSGB To Sign €85 Mln Loan Agreement With El Nasr Coke
The National Bank of Egypt (NBE), Banque Misr and National Societe Generale Bank (NSGB) target signing a financing…
Industrial Development Bank’s Operating Profit Hits EGP 54 Mln
The Industrial Development and Workers Bank of Egypt's operating profit rose by EGP 26 million to reach EGP 54…
Faisal Contributes US$ 50 Mln To Islamic Segment Of Ethylene Loan
The National Bank of Egypt (NBE), Banque Misr, Commercial International Bank (CIB), Banque Du Caire and Arab…
AAIB, Banque Misr Freeze Negotiations With TMG Over EGP 1.2 Bln Loan
The negotiations conducted between Talaat Moustafa Group (TMG) Holding with a number of banks such as the Arab…
Islamic Banks To Expand, Compete For Mainstream Clients
Islamic banks are set to expand as they compete increasingly with conventional lenders in attracting mainstream…
Banks’ Investments In T-Bills Surge 3.65 Bln In September
The Egyptian banking sector's investments in treasury bills rose by EGP 3.65 billion (0.97%) to reach EGP 377.5…
Egypt’s Local Liquidity Rose EGP 30 Bln In Q1
The Central Bank of Egypt (CBE) stated that the local liquidity rose by EGP 29.9 billion (2.7%) to reach EGP 1.12…
Banque Du Caire’s Credit Portfolio Hits EGP 11.7 Bln
Banque Du Caire’s portfolio of loans and credit facilities (including corporate and SME finances) reached EGP 11.7…
Egypt Offers 91-,266-Day T-Bills Worth EGP 5 Bln
The Egyptian Ministry of Finance announced that it has offered EGP 5 billion treasury bills in an auction today.…