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Money
Barclays Bank Egypt Holds Exclusive Economic Forum For Its Customers
Barclays Bank Egypt hosts an insightful event featuring Alia Moubayed, Barclays Capital Senior Economist – Middle…
AAIB Disbursed 104,000 Yellow Remittances Worth 400 Mln
Arab African International Bank (AAIB) disbursed 104,000 yellow remittances worth 400 million out of EGP 470…
New Lowered RRR To Be Effective On Tuesday
The Central Bank of Egypt (CBE) said the new reserve requirement ratio, lowered to 10% from 12%, will be effective…
S&P Places Egypt Rating On CreditWatch Negative As Junta Consolidates Powers
Credit Watch Ratings agency Standard & Poor's placed Egypt's long-term sovereign ratings on CreditWatch…
Dollar-Bond Yield Falls Most Since Revolution
Benchmark dollar-bond yield declined the most since the early days of last year’s uprising. The yield on the 5.75…
Insurers Optimistic On Political Stability, Morsi’s Reassuring Speech
“President for all Egyptians,” the elected Egyptian Mohamed Morsi stated yesterday relieving employees at…
Exclusive: Details Of Debt Settlement Agreement Between Magdi Yacoub, NBE
The National Bank of Egypt (NBE) is close to sign the debt settlement agreement with the businessman Magdi Yacoub,…
SAIB Opens Its First Islamic Branch In Cairo On Morsi’s Win
Societe Arabe Internationale De Banque (SAIB), has secured approval from the Central Bank of Egypt to open its…
Spain Officially Requests European Aid
Spain formally requested on Monday European aid of up to 100 billion euros for its banks, the Economy Ministry said…
SABB Named Best Bank In Saudi Arabia
The Saudi British Bank (SABB) was named the "Best Bank in Saudi Arabia" by Arabian Business Magazine. The…