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Money
Egyptian Electricity Holding to sign multi-billion pound loan deal this week
The state-run Egyptian Electricity Holding Co. will sign this week a syndicated loan deal worth 37.4 billion…
Italy to raise €15.5 million for Egypt leather industry in H2
Italy plans to secure a €15.5 million ($17.7 million) financial package for Egypt’s leather tanning industry in the…
ECB eyes review of Deutsche Bank’s main shareholders; Qatar and China: source
Europe's top banking regulator, the European Central Bank (ECB), is considering carrying out a review of Deutsche…
China central bank told by President Xi to play bigger role in managing financial risk
China's central bank will take on a bigger role in macro-prudential management and in averting systemic risk in the…
Foreign participation in Egypt’s T-bill auction hit $223 mln
Foreign participation in Egypt's Treasury bill auction on Sunday had recorded 4 billion Egyptian pounds ($222.59…
Egypt expects third IMF loan disbursal of $2 bln between Dec, Jan: FinMin
Egypt expects to receive a third loan disbursal worth $2 billion from the International Monetary Fund between…
Faisal Islamic Bank H1 profits 67.3% up on Egypt pound float
Egypt’s Faisal Islamic Bank has made a 67.3 percent y-o-y rise in profits for the first half of 2017 triggered by…
EFG Hermes ranks first for frontier market economies coverage in 2017 EMEA
EFG Hermes, the MENA’s financial services corporation major, has ranked first in 2017 institutional investor EMEA…
Iskan, Allianz to cover Egyptian e-payment provider E-Finance’s ATMs
Egypt’s Iskan Insurance Company and Allianz Egypt are assigned to cover the Egyptian electronic payment gateway…
China central bank told by Xi to play bigger role in managing financial risk
China's central bank will take on a bigger role in macro-prudential management and in averting systemic risk in…