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Banks
CIB, Thomas Cook Launch Prepaid Travel Mastercard
The Commercial International Bank (CIB) and Thomas Cook Egypt launched CIB-Thomas Cook prepaid travel MasterCard…
Citigroup Urges SEC To Block Nasdaq Facebook Compensation
Citigroup Inc. (C), whose market-making unit suffered millions of dollars of losses trading Facebook Inc. (FB) in…
Egypt Central Bank To Sell Euro-Denominated T-Bills
Egypt's central bank has told commercial banks it will offer 400 million euros in one-year euro-denominated…
Bank For Development & Agricultural Credit A leading Financier Of Microenterprises
Dr. Mohsen El-Batran, chairman of the Principal Bank for Development and Agricultural Credit, revealed to Amwal Al…
Banque Misr Contributes EGP400 Mln To Suez Power Plant Loan
Banque Misr has decided to contribute EGP 400 million to the EGP 1.4 billion loan arranged by the bank for the East…
$ 66.4 Bn Sukuk Issued Globally In H1
The volume of sukuk issued globally during the first half of the current year reached $ 66.4 billion, according to…
IMF Chief Says Wants To Help Egypt
The head of the International Monetary Fund said on Wednesday the Washington-based institution wanted to support…
Egypt Formally Asks International Monetary Fund For $4.8 Billion Loan: Spokesman
Egypt has formally requested a $4.8 billion loan from the International Monetary Fund, a presidential spokesman…
CBE: Currency Issued Rose By EGP 20 Bln In 11 Months
The Central Bank of Egypt (CBE) said the volume of currency issued during the period from the beginning of July…
Securities Held By Banks Registered EGP 538 Bln In May 2012
The portfolios of securities held by banks in Egypt (excluding the Central Bank of Egypt) rose by EGP 63.8 billion…