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Money
CBE discusses disbursing US$ 408 m yellow remittances
Central Bank of Egypt (CBE) is holding a meeting today with banks participating in disbursing the value of yellow…
Greek banks may not need all of EU/IMF aid
Greek banks hit by the debt swap might not need all the aid allocated by the EU and IMF to help them weather the…
CBE stirs debates over guaranteeing loans to SMEs
Central Bank of Egypt (CBE) is currently studying establishing an institute that will guarantee the loans offered…
SWIFT expels Iranian banks
The world's biggest electronic payment system SWIFT, which facilitates the bulk of global cross-border payments,…
Palestinians may face cuts without more aid, IMF warns
The International Monetary Fund on Saturday urged donors to meet their aid pledges to the Palestinian Authority,…
CBE: Commodities Increase Monthly Inflation Rate By 0.67%
Central Bank of Egypt (CBE) attributed the 0.67% general inflation increase to the increase in food prices…
NBE finances fish and poultry projects
National Bank of Egypt (NBE) plans to offer a new product to finance owners of fish farms and poultry projects by…
EFSA rejects appeal against Cooperative Insurance Society
Egyptian Financial Supervisory Authority (EFSA) rejected the appeals on procedures of candidacy for Egypt’s…
Kuwait’s Burgan Bank launches customer satisfaction poll
Burgan Bank, Kuwaiti lender, announced that it has launched an online customer satisfaction poll in coordination…
Capital One to sell $1.25 billion of shares
Capital One Financial Corp (COF.N) said it would sell $1.25 billion of its common stock to pay for a portion of its…