Browsing Category
Money
Cairo metro to announce winner of marine cargo insurance tender on Tuesday
Egypt’s metro authority will announce the winner of its marine cargo insurance tender on Tuesday. Misr Insurance,…
Sanctions cut Qatar central bank’s June foreign reserves by $10.4 bln
The Qatar central bank's net international reserves fell by $10.4 billion in June to $24.4 billion because of…
Eurozone core inflation surges, unemployment falls
Eurozone inflation was stable during July but its core measure, which is closely watched by the European Central…
Crédit Agricole H1 profit rises 49% in Egypt
Crédit Agricole SA posted a 49 percent year-on-year rise in first half profits in Egypt backed by an increase in…
Afreximbank, Egypt’s Arab Contractors sign $200 million facility deal
Egypt’s construction firm Arab Contractors has signed Sunday a $200 million credit facility agreement with the…
China, Egypt, Mexico picked as model countries in financial inclusion initiative
China, Egypt, and Mexico have been picked as ‘model countries’ in World Bank Group, the International…
Egypt to lower customs dollar exchange rate to 16.25 pounds/dollar –FinMin
Egypt will lower its customs dollar exchange rate to 16.25 pounds per dollar from 16.50, effective from Tuesday,…
CBE issues treasury bills of 13.5bn Egyptian pounds Sunday
Central Bank of Egypt (CBE) issued on Sunday treasury bills worth 13.5 billion Egyptian pounds , in coordination…
Barclays incurs $1.6 billion losses on Africa sale, but CEO Staley says feels optimistic
U.K. lender Barclays posted a net loss of £1.21 billion ($1.58 billion) for the first half of 2017, hit by the drop…
Credit Suisse posts 78% profit rise as AUMs hit record
Credit Suisse reported on Friday a strong surge in net income for its second quarter, adding that assets under…