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Money
CBE Offers EGP 3 Bln T-Bills As Government Prepares Budget
Egypt will offer EGP 3 billion ($497 million) of treasury bonds after the government formed a committee to audit…
Bank Misr Iran To Raise Deposits To EGP 6.5 Bln
Bank Misr Iran targets increasing its deposits volume to EGP 6.5 billion by the end of the current year, up from…
AAIB Studies $ 100 Mln Loan to KIMA
Arab African International Bank (AAIB) studies contributing with about US$ 100 million in the syndicated loan…
Ozalp: Revolution’s Implications Proved The Strength of Egyptian Banking System
Mohamed Ozalp, Managing Director of BLOM Bank Egypt, affirmed that the turmoil that followed last year’s 25th…
Banque Du Caire Issues EGP 240 Mln Letters Of Credit To ERC
Banque Du Caire has signed, last Thursday, a contract with the Egyptian Refining Company (ERC), a subsidiary of…
Moody’s Warns Spanish Banks Are Vulnerable
An effort by Spain to restore confidence in its financial system with measures including additional loss…
JPMorgan Executives Expected to Quit
Three top executives involved with a failed hedging strategy that cost JPMorgan Chase & Co at least $2 billion…
ENBD Asset Management Funds Report Robust Performance In Q1
Emirates NBD Asset Management, the asset management arm of Emirates NBD, a leading bank in the region, announced…
CI Capital Upgrades Credit Agricole Egypt To “Hold”
Credit Agricole Egypt's quarterly profit got a boost from a rise in the bank's net interest income, and beat the…
Qatar To Set Up An Islamic Bank
The Qatari government plans to set up Islamic bank with a paid-up capital of US$ 1 billion. The government…