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Banks
Egypt’s FinMin Sells T-Bills Worth EGP 7.32 Bln
The Egyptian Ministry of Finance sold 182- and 364-day treasury bills worth EGP 7.32 billion on Thursday. The…
Faisal Islamic Bank- Egypt’s Consolidated Profit Hit EGP 177.7 Mln At End-Q1
Faisal Islamic Bank of Egypt’s profit reached EGP 177.7 at the end of last March, compared to EGP 115 million at…
Agricultural Credit Bank In Talks With SFD Over EGP 100 Mln Finance Agreement
The Principal Bank for Development and Agricultural Credit currently conducts negotiations with the Social Fund for…
Egypt’s Int’l Co-op. Ministry Signs US$ 2 Mln Grant Agreement With AfDB
The Egyptian Minister of Planning and International Cooperation, Dr Amr Darrag, has signed a cooperation agreement…
Blom Bank Egypt Reports EGP 26 Mln Profit In Q1 2013
Blom Bank Egypt achieved profit of EGP 26 million in the first quarter of 2013, compared to EGP 4.9…
Egypt’s Central Bank Offers US$ 40 Mln At Thursday’s FX Auction
The Central Bank of Egypt (CBE) offers US$ 40 million to local banks at its 62nd FX auction and 46th one since the…
Egypt Sells $2.7 Billion Euro Notes to Finance Budget Deficit
Egypt, the second-most indebted Arab country, sold $2.7 billion of 4.25 percent euro notes to help finance…
Egypt’s Finance Ministry Issues US$ 2.7 Bln T-Bonds
The Egyptian Ministry of Finance issued dollar-denominated treasury bonds worth US$ 2.70 billion (due on November…
Egypt Sells $38.5 Mln At Forex Auction
Egypt's Central Bank sold $38.5 million to banks in a foreign exchange auction on Wednesday, with the cut-off price…
EALB Settles Debt Of Tourism Customer For EGP 122 Mln
The Egyptian Arab Land Bank (EALB) signed an agreement to settle the debt of a customer in the tourism sector in…