Browsing Category
Money
Banque du Caire, CIS Egypt in talks on credit risk coverage
Cooperative Insurance Society Egypt (CIS Egypt) is negotiating to offer the country’s third largest state bank,…
Banque Misr raises $900 million since Egyptian pound float move – official
Egypt’s second biggest bank, state-owned Banque Misr has collected $900 million since Nov.3 decision to freely…
Suez Canal Insurance renews reinsurance deal with Germany’s Hannover Re
Egyptian composite insurer Suez Canal Insurance has renewed reinsurance agreement for 2017 with Germany’s Hannover…
EXCLUSIVE: Egypt’s banks raise $7 billion since pound float move – CBE chief
Egypt’s local lenders have collected between $6.5 billion and $7 billion since Nov.3 decision to liberalise…
Egypt launches mutual fund to restructure hotel establishments: c.bank governor
Egypt has launched a new mutual fund designated to renew and renovate the hotel establishments in the country,…
Egypt negotiating $300 million financing packages from AfDB
Egypt is negotiating financing packages worth $300 million from the African Development Bank (AfDB) to be signed in…
CBE to issue treasury bills worth 7.5 billion Egyptian pounds today
Egypt’s central bank will issue Sunday, on behalf of Ministry of Finance, treasury bills totalling 7.5 billion…
United Bank increases number of branches in Egypt to 51
United Bank-Egypt increased the number of its branches to 51, after last week’s inauguration of its latest branch…
Egypt’s state agriculture bank injects 635mn pounds in micro-sized project initiative
Egypt’s main agricultural lender, the Egyptian Agricultural Bank has pumped 635 million Egyptian pounds ($33.5…
Etisalat Misr signs with 10 banks 4G loan deal
Etisalat Misr, the Egyptian unit of UAE telecommunications operator has signed Thursday a syndicated loan agreement…