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Money
Egypt’s Misr Insurance Company seizes natural gas loans policy worth 50 mln pounds
Egypt's Misr Insurance Company has signed an agreement with Nasser Social Bank and the Egyptian Natural Gas Holding…
Egypt’s Central Bank provides $150 bln within two years
Egypt’s Central Bank and the banking system has provided an amount of $150 billion within two years so as to repay…
Bank Audi-Egypt launches its New Core Banking System “FlexCube” in Nov.
As part of its commitment to continuously offer the latest and up-to-date technological banking solution in the…
Egypt’s central bank issues 13.25 bln pounds treasury bills Sunday
Central Bank of Egypt (CBE) has launched Sunday treasury bills worth 13.25 billion Egyptian pounds ($749 million),…
ABK bank to partake in 200mn pounds loan for Egypt’s General Petroleum Company
Kuwait-based Al Ahli Bank of Kuwait (AKB) agreed to participate in a loan to Egypt’s General Petroleum Company…
New banking law in Egypt is under review by IMF, World Bank: Amer
Egypt’s new banking law is currently under review by the International Monetary Fund and the World Bank and one of…
Banque du Caire to be listed in EGX by mid 2018: CBE governor
Banque Du Caire, one of Egypt's largest and oldest public lenders, will list its shares through an initial public…
Egypt’s level of external debt is not disturbing: Amer
Egypt's levels of external debt is un-disturbing and the Egyptian economy has debt servicing ability,…
Banque Misr earns Payment Card Industry Data Security Standard Certificate
Egypt's Banque Misr became the first bank in Egypt and North Africa to earn the Payment Card Industry Data Security…
Egypt’s Amer receives best bank governor of 2017 award in Beirut
Egypt's Central Bank governor, Tarek Amer, received the best Arab central bank governor in 2017 award from Lebanon…