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Money
Egyptian Arab Land Bank total assets rise to 3.6 billion pounds
Egyptian Arab Land Bank (EALB) recorded total assets of about 3.6 billion Egyptian pounds at the end of April 2017…
Egypt attracts $8.4 bln foreign investment in domestic debt since pound float
Egypt attracted $8.4 billion of foreign investment in domestic debt instruments since the flotation of its pound in…
France in talks with 30-50 asset managers on post-Brexit plans
France is negotiating with 30-50 asset managers who are considering setting up new outposts in Paris so that they…
Egypt’s forex reserves surpass Nigeria for first time in 6 years: Bloomberg
Egypt’s foreign-exchange reserves have surpassed Nigeria’s for the first time since 2011. The North African…
Deutsche Bank: Egypt’s near-term outlook is positive
The near-term outlook for Egypt is positive, bolstered by a growing foreign reserves, capital inflows, and…
Egyptian Life Takaful- GIG ups investments to 267 mln pounds at end-March
The investments of Egyptian Life Takaful Company- GIG jumped to 267 million Egyptian pounds ($14.7 million) during…
Banks in Saudi, UAE have not received any regulatory guidelines on Qatar -sources
Banks in Saudi Arabia and the United Arab Emirates have not received any regulatory guidelines about their dealings…
World Bank projects Egypt’s economy to grow at fastest regional pace by 2018
World Bank projected Egypt’s economy to grow at the fastest pace in the region, bolstered by a sharp recovery in…
Central Bank of Egypt denies reports it told banks to halt Qatari dealings
Egypt’s central bank has not given orders to halt transactions in Qatari riyals or dealings with Qatari banks,…
Some Egyptian banks halt dealings with Qatari banks: bankers
Some Egyptian banks have halted Monday dealings with Qatari banks, four Cairo-based bankers said, responding to…