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Return On Egypt’s Dollar CDs Below Expectations At US$ 40 Mln
The return on Egyptian dollar certificates of deposit, offered by seven Egyptian banks for Egyptians working in…
CBE Sells EGP 2.5 Bln Reopened Bonds
Central bank of Egypt (CBE) sold EGP 2.5 billion ($414.24 million) in five and seven-year bonds on Monday, the same…
ADIB is the first Islamic bank from the UAE to begin operations in the UK
Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, announced today the expansion of…
Finance Ministry TO Offer EGP 1 Bln Reopened Bonds
Ministry of Finance will offer EGP 1 billion ($165.7 million) in reopened 10-year bonds at an auction on June 18.…
Tarek Amer: Developing SMEs Is A National Security Matter
Tarek Amer, chairman of Federation of Egyptian Banks, said small and medium enterprises (SMEs) are a national…
Deutsche Bank Named “Best Risk Management House In The Middle East” By…
Deutsche Bank has been awarded "Best Risk Management House in the Middle East" and "Best Investment Bank in Saudi…
HSBC Oman Celebrates New Directors
HSBC Bank Oman SAOG hosted a celebration to thank the previous board for all their hard work in laying the…
Kazakhstan To Launch DBK First Sukuk In Malaysia
Kazakhstan is finalizing its debut sukuk which will be issued by the Development Bank of Kazakhstan (DBK) in the…
NBE Delays Launching River Transport Company
The National Bank of Egypt (NBE) has delayed forming a river transportation company. Despite receiving the designs…
CBE: Current Account Deficit Surged To $ 6.4 Bln As Tourism,FDI Fell
The Central Bank of Egypt (CBE) said nine-month current account deficit widened to $6.4 billion from $4.7 billion…