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Banks
Bankers Differ On Exempting Sukuk From Taxes
Banking experts have differed on article no.23 of sukuk bill currently discussed at the Shura Council (upper house…
NBE Signed 3 Finance Contracts Worth EGP 480 Mln With SFD
The National Bank of Egypt (NBE) signed three finance contracts worth EGP 480 million with the Social Fund for…
NBE Steps Up Security Measures On Potential Violence In Tahrir
The National Bank of Egypt (NBE) has stepped up security measures at his branches nearby to Downtown and Tahrir…
Finance Ministry Sells 182-, 364-Day T-Bills Worth EGP 6.5 Bln
The Egyptian Ministry of Finance sold 182- and 364-day treasury bills worth EGP 6.5 billion on Thursday. The…
Blom Bank Egypt’s Loans Hit EGP 2.8 Bln At End-2012
Blom Bank Egypt’s portfolio of loans and credit facilities surged 4.5% (EGP 122.3 million) to reach EGP 2.8 billion…
Agricultural Credit Bank To Offer EGP 100 Mln Islamic Micro-Enterprise Finances
The total value of Murabaha finances offered by the Principal Bank for Development and Agricultural Credit (PBDAC)…
NBE Receives US$ 100 Mln From A Swiss Bank
A Swiss airplane coming from Zurich has arrived to Cairo carrying US$ 100 million owed by a Swiss bank to the…
Egypt’s Central Bank, Islamic Finance Association Welcome Sukuk Bill
The Central Bank of Egypt (CBE) and the Egyptian Islamic Finance Association (EIFA) have welcomed the sukuk bill,…
Shura Council Invites Political Parties To Discuss Sukuk Bill Tomorrow
The Shura Council's Financial and Economic Affairs Committee will host the presidents of political parties and…
NBE Raises Finance To Ethydco To EGP 1.1 Bln
The National Bank of Egypt (NBE) decided to raise the finance value offered to the Egyptian Ethylene and…