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Money
266-day treasury bills’ yield reaches EGP 5.4 bn
Ministry of Finance announced today that the 266-day treasury bills were sold for EGP 5.4 billion. On its website,…
U.K. Treasury imposes Varied Rates on Banks
The U.K. Treasury plans to charge British banks at different rates under a loan guarantee plan to be announced as…
Doha Bank’s $500m bond records eight times oversubscription
Doha Bank, a leading private commercial bank in the GCC, has announced that its $500m senior bond issue was…
NBE negotiates with SFD over EGP 80m funding
National Bank of Egypt (NBE) intends to sign an EGP 80 million contract with Social Fund for Development in order…
ABC raises return on 3-year certificates to 11.75%
Arab banking Corporation Bank increased the return on his 3-year certificates reaching 11.75% for monthly return,…
NBE finances natural gas delivery to 200 brick factories in Arab Abu Saed
National Bank of Egypt financed 200 brick factories in Arab Abu Saed area in Giza, as part of NBE’s 2nd phase…
Ganzouri approves Suez Canal’s ownership of 80% of Life Insurance
Kamal El-Ganzouri, prime minister, approved Suez Canal Insurance’s ownership of 80% of Suez Canal Life Insurance…
NBE’s employees protest at Bank’s headquarter
About 40 data updating employees at National bank of Egypt protested in front of the Bank’s headquarter in Kornish…
MP: $3.2bn IMF loan to Egypt shall be approved first by Parliament
Freedom and Justice Party approves foreign borrowing but only when necessary, Ashraf Badr El-Din, Party’s Member of…
$100m expected revenue from dollar certificates of deposit in Qatar
Mahmoud Fawzy, Egyptian ambassador in Doha, expected that dollar certificates of deposit, offered for Egyptians…