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Banks
SAIB Rebuts News On Cancelling EGP 2 Bln Bonds Issue
Société Arabe Internationale de Banque (SAIB) has denied that it cancelled issuing bonds worth EGP 2 billion this…
Egyptian Banking Institute Holds Workshop On Governance Rules Today
The Egyptian Banking Institute (EBI) holds today a training workshop for members of board of directors of a number…
Egypt’s Govt. Imposes Tax Gains On NSGB’s Acquisition Deal
The Egyptian Tax Authority will impose tax on shareholders and investment funds that make capital gains from the…
Finance Ministry Fails To Sell T-Bonds On Egypt’s Rating Downgrade
The Egyptian Ministry of Finance failed to sell three-year treasury bonds worth EGP 500 million on Monday as banks…
NBE, Banque Misr, CIB Set To Finance Abu Rawash Wastewater Plant
The National Bank of Egypt (NBE), Commercial International Bank (CIB) and Banque Misr approved to finance the…
Ashraf Al Araby Visits Iraq For US$ 4 Bln Deposit
The Egyptian Minister of Planning and International Cooperation Ashraf Al Araby traveled to Baghdad today on a…
Banque Du Caire’s Dollar Deposits Hit US$ 1.2 Bln At End-2012
Banque Du Caire’s foreign-currency deposits registered US$ 1.2 billion out of EGP 49 billion, the total value of…
Hisham Ramez To Meet With Heads Of Banks Next Thursday
Hisham Ramez, governor of the Central Bank of Egypt (CBE), will hold a meeting next Thursday with the presidents of…
Libya Transferring $2 Billion to Egypt’s Bank
Libya’s transitional government is completing an agreement with Egypt to deposit $2 billion in the Egyptian central…
CBE Offers US$ 40 Mln To Local Banks At FX Auction On Monday
The Central Bank of Egypt (CBE) offers US$ 40 million to local banks on Monday at its 38th FX auction and the 22nd…