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Banks
Egyptian Arab Land Bank To Launch New Branch In Suez
The Egyptian Arab Land Bank (EALB) studies to launch a new branch in Suez City in 2013, raising the number of its…
Fitch Rates ADCB’s Updated GMTN Programme And Tier 2 Note Issue
Fitch Ratings has assigned Abu Dhabi Commercial Bank's (ADCB) updated $7.5bn GMTN programme an expected rating of…
Banque Misr Offers EGP 500 Mln To El Nobaria, Delta Sugar Companies
Banque Misr has approved to offer El Nobaria For Sugar Refining and Delta Sugar Co. EGP 500 million, coinciding…
Bank Sohar Sponsors First Sri Lankan Trade Exhibition And Food Festival
Bank Sohar is known for its deep commitment to supporting cultural and trade related events across the Sultanate…
AUB’s Alpha Fund Ends Undersubscribed
Ahli United Bank’s Alpha Fund ended yesterday undersubscribed as it had not met the initial capital of EGP 25…
Finance Ministry Sells 3-, 10-Year T-Bonds Worth EGP 1.5 Bln
The Egyptian Ministry of Finance sold 3- and 10-year T-bonds worth EGP 1.5 billion on Monday. The Ministry raised…
Union National Bank-Egypt’s Retail Loans Hit EGP 704.4 Mln At End-2012
Union National Bank-Egypt’s retail loan portfolio surged 49.8% (EGP 234.3 million) to reach EGP 704.4 million at…
Egypt Seeks Up to $1 Billion From Debut Sukuk: Islamic Finance
Egypt plans to raise as much as $1 billion by June from the sale of its first Islamic bonds as the government…
Mobinil Loan Arrangers Send Info Memo To 17 Banks
The National Bank of Egypt (NBE), Banque Misr, Commercial International Bank (CIB), National Société Générale Bank…
CBE Offers US$ 40 Mln To Local Banks At FX Auction On Monday
The Central Bank of Egypt (CBE) offers US$ 40 million to local banks on Monday, with a maximum of US$ 6 million to…