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Banks
Egypt’s Trade Eligible To Grow: HSBC Egypt CEO
Andrew Long, CEO of HSBC Bank Egypt, expected Egypt’s trade to greatly improve in the upcoming period, thanks to…
NBE Finances SMEs With EGP 890 Mln In Q1
The National Bank of Egypt (NBE) offered finances worth EGP 890 million for small and medium enterprises (SMEs) in…
China’s Central Bank Governor To Skip Key Meeting In Japan
The governor of China's central bank has pulled out of the International Monetary Fund (IMF) and World Bank…
Egypt Banks Likely To See Improved Lending Activities In 2013 – KFH
Kuwait Finance House (KFH) said in a report that Egyptian banks have faced a challenging operating environment…
Egypt Cenbank Happy With Level Of Pound
Egypt's central bank is comfortable with the current level of the Egyptian pound and does not target any particular…
Qinvest Said To Cut Jobs At Brokerage, Asset Management
QInvest LLC, the Qatar investment bank, is cutting jobs at its brokerage and asset management divisions, two people…
Trade Bank Of Iraq Denies Payments To Syria For Fuel
Trade Bank of Iraq denied a report it had received cash or letters of credit from Syria for fuel supplies from…
NBE Eyes Expansion In KSA, Libya, S. Sudan
The National Bank of Egypt (NBE) studies expanding in the Arab countries especially Kingdom of Saudi Arabia, Libya…
El-Okdah Does Not Face Graft Charges: CBE
The Central Bank of Egypt (CBE) denies what was published in some online websites that Farouk El-Okdah and Gamal…
Egypt’s Govt. Acquires Large Sum Of Liquidity: Hisham Ezz El-Arab
The Chairman of the Commercial International Bank (CIB) Hisham Ezz El-Arab stated that the government retains a…