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Banks
CBE Offers US$50 Mln To Local Banks At Thursday FX Auction
The Central Bank of Egypt (CBE) offered US$50 million to local banks at foreign currency auction on Thursday,…
Misr Iran Bank Raises Capital By EGP 286 Mln
Misr Iran Development Bank has raised issued and paid-up capital by EGP 286 million to reach EGP one billion last…
Egypt C.Bank Says Pound Fell At Dollar Auction
The Egyptian pound fell at a central bank auction of dollars on Wednesday, the seventh such sale since it…
Egypt Inflation Accelerates To 4.7 Percent In December
Inflation in Egypt’s urban areas, the gauge the central bank monitors, accelerated to 4.7 percent in December, the…
Bank Nizwa Begins Operations
Bank Nizwa , the first Sharia compliant Islamic bank in Oman will open its headquarters today at Al Qurum with its…
Misr Iran Bank To Offer EGP 1 Bln Loans In 2013
Misr Iran Development Bank plans to increase loan portfolio to EGP 5 billion by the end of 2013, up from EGP 44…
CBE Reduces Amount Offered At Dollar Auction To US$ 50 Mln
The Central Bank of Egypt (CBE) offered US$50 million to banks at a foreign currency auction on Wednesday,…
IDBE Signed Debt Settlement Contracts With 100 Customers In 2012
The Industrial Development and Workers Bank of Egypt finalized debt settlement agreements worth EGP 520 million…
CBE Offers US$60 Mln At Tuesday FX Auction
The Central Bank of Egypt (CBE) offered US$60 million to banks at a foreign currency auction on Tuesday. CBE…
NBE Postpones Tourism Customers’ Debt Payments
The National Bank of Egypt (NBE) has deferred the debt payments of customers in the tourism sector who owe EGP 3…