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Egypt C.Bank Offers $40 Mln FX Auctions For Local Banks
The Central Bank of Egypt (CBE) has offered US$ 40 million to the local banks at its 79th foreign exchange auction…
Deutsche Bank Opaque Loans From Brazil To Italy Hide Risk
Deutsche Bank AG (DBK), perennially among the top three in global credit markets, made billions of dollars of loans…
QNB H1 Net Profits Up 15.1pc; India Operations To Begin Soon
QNB Group, the Middle East's leading lender, recorded a strong net profit of QR4.7bn for the first half of 2013 (H1…
4 Banks Ink Egyptian Hydrocarbon’s Loan & $18 Mln For 1st Tranche
Banque Misr, Commercial International Bank, Bank of Cairo and Ahli United Bank have finalized the final signing the…
The Central Bank Of Egypt Is Now Accepting Donations
Donors eager to see Egypt turn an economic corner after the ouster of Mohammed Morsi can now directly forward money…
Egypt C.Bank Raises EGP18 Bln At Repo
On Tuesday, Egypt Central Bank (CBE) has offered 7-day maturity worth EGP 18 billion to the local banks at interest…
Egypt Bond Continues Qatar Deposit Switch – IFR
Egypt continues to convert deposits received from Qatar into fixed-term notes, after the sovereign privately placed…
Industrial Development Bank: EGP70 Mln Profits By June-End
Industrial Development and Workers Bank of Egypt has posted profits of EGP 70 million at the end of June 2013,…
Morsi’s Ouster Delays NBE’s Chairman Elections
Despite the fact that the deposed Mohamed Morsi's regime had conducted cabinet reshuffle and changed the governors;…
National Bank Of Egypt Provides US$ 65MLN To Import Fuel
A representative from the National Bank of Egypt stated on Monday that the bank had agreed to provide $65m (EGP…