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Money
Banque du Caire officially requests listing on Cairo bourse, eyes IPO in H1
Egypt’s third biggest bank, state-owned Banque du Caire has officially requested to have its shares be listed on…
Deposits at Egypt’s banks surge to 2.224 trillion pounds in October
The total volume of deposits at banks operating in Egypt, aside from the central bank, rose to 2.224 trillion…
Egypt’s CIB: net profits grow 28.2% at 2016-end
Egypt's largest-listed bank, Commercial International Bank (CIB) said Wednesday net profit for 2016 rose 28.2…
Egypt receives $4 billion from Eurobond sale – c.bank governor
Egypt has received around $4 billion on Tuesday from its Eurobond sale, the country’s central bank governor Tarek…
Egypt’s banks allures $9 billion in inflows since pound float move
Egypt’s central bank said commercial lenders had attracted $9 billion in inflows since the country’s pound was…
IMF delegation in Egypt to review 2nd loan installment: sources
A delegation from the International Monetary Fund (IMF) has arrived in Egypt on Tuesday to prepare for a review…
Egypt’s CIB bank to issue dividend of 0.5 Egyptian pounds per share for 2016
Commercial International Bank (CIB), Egypt's largest listed company, announced Wednesday its board recommends a…
Egypt successfully issues $4bn in Eurobonds, filling funding gap for 2016/17
Egypt has successfully issued $4 billion in Eurobonds on the global bond market, the largest issuance in Egypt and…
Egypt raises $4bn from bond issuance with very strong demand: FinMin
Egypt has successfully raised $4 billion from its first public bond issuance, after the approval of a loan from the…
Egypt may sell bonds in Japanese and Chinese currencies: FinMin
Egypt may sell bonds in Japanese yen and Chinese yuan after the country successfully raised $4 billion in its…