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Banks
Local Banks Deposit EGP 14 Bln In CBE Through Deposit Operations
The Central Bank of Egypt (CBE) announced it received bids worth EGP 15.07 billion from banks through the deposit…
Kuwait’s Burgan Bank Looks To Egypt For Potential Acquisitions
Kuwait-based Burgan Bank is looking at potential acquisitions in Egypt to step up international expansion and is…
Egypt To Return Tax Collected On NSGB Takeover
Taxes collected from Qatar National Bank 's acquisition of National Societe Generale Bank (NSGB) will be refunded…
Ahli United Bank launches Cash Back Credit Card Service
Ahli United Bank launched cash back service last week, as part of the bank’s efforts to offer diverse services and…
CBE Issues US$ 630 Mln Guarantee For 250-MW Wind Farm Construction
The Central Bank of Egypt (CBE) has issued a sovereign letter of guarantee worth US$ 630 million to cover all…
CBE Offers US$ 40 Mln To Local Banks On Monday
The Central Bank of Egypt (CBE) offers on Monday US$ 40 million to local banks at its 44th FX auction and the 28th…
Al-Azhar Issues Final Report On Sukuk Law On Monday
Al-Azhar’s Senior Scholars Authority will issue today its final report on draft sukuk law referred to it by the…
Amwal Al Ghad Publishes Exclusively Banks’ Contributions To Ethydco Loan
The National Bank of Egypt (NBE), Banque Misr, Banque Du Caire and Faisal Islamic Bank of Egypt have signed the…
Finance Ministry Sells 91-, 273-Day T-Bills Worth EGP 6 Bln On Sunday
The Egyptian Ministry of Finance sold 91- and 273-day treasury bills worth EGP 6 billion on Sunday. The Ministry…
NBE’s NPLs Up To EGP 6.5 Bln As Dollar Hikes
The National Bank of Egypt’s (NBE) non-performing loan portfolio registered EGP 6.5 billion at the end of last…