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Banks
CBE Offers US$ 40 Mln To Local Banks On Wednesday
The Central Bank of Egypt (CBE) offers US$ 40 million to local banks on Wednesday, with a maximum of US$ 6 million…
Commercial International Bank’s Net Profit Hit EGP 2.2 Bln At End-2012
The Commercial International Bank (CIB) achieved net profit of EGP 2.202 billion at the end of 2012, compared to…
Shura Council Discusses Draft Sukuk Bill Without Waiting For Cabinet’s Approval
The Shura Council’s Finance and Economic Affairs Committee has decided to adopt the sukuk bill drafted by the…
Banque Misr To Approve FY 2011/2012 Budget Next Sunday
Banque Misr will hold its general assembly meeting next Sunday to approve its budget for FY 2011/2012 that ended on…
EALB’s Non Performing Loans Hit EGP 6 Bln In 2012
The Egyptian Arab land Bank’s (EALB) non-performing loan portfolio accounted for EGP 6 billion of the total value…
Urgent Action Needed On Climate Change In Arab World; World Bank’s Report
The impact of climate change will be especially acute in the Middle East and North Africa (MENA) region, according…
CIB’s Deposits Rose EGP 7.2 Bln In 2012
The Commercial International Bank’s (CIB) deposits portfolio reached EGP 78.834 billion at the end of 2012,…
Shura Council’s Economic Committee Unveils Draft Sukuk Bill Today
Shura Council’s Economic Committee will hold a press conference on Wednesday to announce the details of the draft…
Industrial Development Bank Offers Medium Enterprises EGP 250 Mln
The Industrial Development and Workers Bank of Egypt targets to offer finances worth EGP 250 million to…
NBE To Approve FY 2011/2012 Budget Next Sunday
The National Bank of Egypt (NBE) will hold its general assembly meeting next Sunday to approve the bank’s budget…