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Banks
Egypt’s Hassan Abdalla wins Arab Banking Union’s Governor of the Year
Hassan Abdalla, the governor of the Central Bank of Egypt (CBE), was named the "Governor of the Year" by the Arab…
Egypt to prioritise forex for food, fuel; PM urges price discipline
Egypt’s banking sector will provide the foreign currency needed to secure imports of essential goods and production…
URGENT: Bank of England holds rate steady at 4.25%
The Bank of England’s Monetary Policy Committee (MPC) decided to keep Bank Rate unchanged at 4.25 per cent during…
China’s PBC offers 203.5b yuan off reverse repo
The People’s Bank of China (PBC) announced on Thursdya a 7-day 203.5-billion-yuan reverse repo at an interest rate…
Syria eyes 1st US bank transaction within weeks
Syria expects to complete its first financial transaction with a US bank within weeks, Central Bank Governor…
Egypt approves EBRD expansion
Egypt has approved amendments to the European Bank for Reconstruction and Development (EBRD) founding agreement to…
Egypt’s c. bank issues new payment licensing rules
The Central Bank of Egypt (CBE) announced new licensing and registration rules for payment systems operators and…
EIB supports French defence SMEs with €300m loan
The European Investment Bank (EIB) signed a €300 million loan agreement with France’s BPCE banking group to support…
Egypt’s CBE offers EGP 80b in T-bills
The Central Bank of Egypt (CBE), in coordination with the Ministry of Finance, is offering 80 billion Egyptian…
US Fed holds rates steady
The US Federal Reserve (Fed) left interest rates unchanged on Wednesday