Browsing Category
Banks
Al Baraka Bank Targets to Raise Deposits To EGP 16.5 Bln In 2013
Al Baraka Bank of Egypt targets to increase the deposit portfolio by 15% to reach EGP 16.5 billion by the end of…
Exclusive: Banks’ Contributions To Port Said Steel Loan
The National Bank of Egypt (NBE), National Société Générale Bank (NSGB), Commercial International Bank (CIB)…
Hesham Kandil Accepts Tarek Amer’s Resignation
The Egyptian Prime Minister Hesham Kandil announced yesterday that the Cabinet accepted the resignation of the…
Egypt Offers 91-, 266-Day T-Bills Worth EGP 4.5 Bln On Sunday
The Egyptian Ministry of Finance will offer 91- and 266-day T-bills worth EGP 4.5 billion next Sunday. The Ministry…
CBE To Conduct Three FX Auctions This Week: Sources
The Central Bank of Egypt (CBE) will conduct three FX auctions on Sunday, Tuesday and Thursday of this week as…
Morsi Approves Nomination Of Hisham Ramez As CBE Governor
The Egyptian President Mohamed Morsi has approved on Saturday the appointment of Hisham Ramez as governor of the…
Mubarak’s EGP 18 Mln Transferred To CBE On Al-Ahram Gifts Case
The Egyptian chief public prosecutor Talaat Ibrahim has ordered the transfer of EGP 18.286 million, belonging to…
EGPC Grants Local Banks Extension Till Mid-Feb To Present Funding Offers
The Egyptian General Petroleum Corporation (EGPC) has not received any offers from the National Bank of Egypt…
US$12.8 Bln Foreign Investments Flee Egypt In 2011, 2012: CBE
The Central Bank of Egypt (CBE) stated that foreign investors divested US$ 12.839 billion from the Egyptian market…
CBE Reveals Foreign Currency Funds’ Usages In 2011, 2012
The Central Bank of Egypt (CBE) revealed the uses of the foreign currency funds allocated by the government for…