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Banks
Libya Transferring $2 Billion to Egypt’s Bank
Libya’s transitional government is completing an agreement with Egypt to deposit $2 billion in the Egyptian central…
CBE Offers US$ 40 Mln To Local Banks At FX Auction On Monday
The Central Bank of Egypt (CBE) offers US$ 40 million to local banks on Monday at its 38th FX auction and the 22nd…
9 Banks Contribute To US$ 1.250 Bln Loan For Ethydco
Nine banks approved to contribute to the US$ 1.250 billion loan arranged by the National Bank of Egypt (NBE),…
Cyprus Bailout: Deal Reached In Eurogroup Talks
Eurozone finance ministers have agreed a 10bn-euro bailout deal for Cyprus to prevent its banking system collapsing…
Finance Ministry Sells 91-, 273-Day T-Bills Worth EGP 4.5 Bln
The Egyptian Ministry of Finance sold 91- and 273-day treasury bills worth EGP 4.5 billion on Sunday, while the…
Kuwait Finance House Offers To Subscribe For US$ 3 Bln Of Egypt’s Sukuk
The Kuwait Finance House (Beitak) expressed an interest to subscribe US$ 3 billion of Egypt’s debut sukuk which…
FinMin: IMF Technical Team to Visit Egypt ‘Within Days’
Egyptian Finance Minister Al-Morsi Al-Sayed Hegazy said in a conference on Sunday a technical team from the…
Bank Audi Egypt’s Loans, Credit Facilities 19% Up At End-2012
Bank Audi Egypt’s portfolio of loan and credit facilities surged EGP 1.5 billion (19.1%) to reach EGP 9.3 billion…
Shura Council Discusses Amending Banking Law No. 88/2003
The Finance and Economic Affairs Committee at the Shura Council will hold a closed meeting on Sunday to discuss the…
Finance Ministry To Offer 91-, 273-Day T-Bills Worth EGP 5 Bln Next Sunday
The Egyptian Ministry of Finance will offer 91- and 273-day treasury bills worth EGP 5 billion next Sunday. The…