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Banks
United Bank to Inject EGP 150 Mln In SMEs Portfolio This Year
The United Bank targets injecting EGP 150 million to SMEs portfolio to finance these enterprises in compliance with…
NBE Mulls Bridge Loan of EGP 150 For EDEPC
The National Bank of Egypt (NBE) studies a proposal submitted by East Delta Electricity Production Company (EDEPC),…
Banque Misr Considers a EGP 3 Bln Islamic Finance To Misr Financial Investments
Banque Misr studies providing long-term sharia-compliant finance worth EGP 3 billion to Misr Financial Investments…
A Communiqué Accuses CBE’s Officials Of Squandering Public Fund
Eng. Amr Ahmed Moussa- director general of information technology internal audit and payment systems in Central…
NBE In Talks With SFD Over Franchise Finance Contract Worth EGP 60 Mln
The National Bank of Egypt (NBE) is negotiating with the Social Fund for Development (SFD) over signing the first…
Islamic Development Bank’s USD800 Mln Sukuk Issuance Rated At ‘AAA’
Fitch Ratings has rated Islamic Development Bank's (IDB) issuance of USD800m Trust Certificates due 26 June 2017…
S&P Places 3 Egyptian Banks On Watch Negative
Standard & Poor's Ratings Services placed its 'B' long-term and 'B' short-term issuer credit ratings on…
Banque Misr Launches Car Murabaha Next Week
Banque Misr has approved the final form of the car murabaha (Islamic finance) to be launched in the next week.…
World Bank Chief Congratulates Morsi
World Bank President Robert Zoellick congratulated Mohamed Morsi and the people of Egypt for electing the country's…
Banque Misr Inaugurates 2 Islamic Branches in Beni Suef
Banque Misr started to implement its expansion plan of Islamic banks by inaugurating an Islamic branch in Sadat…