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Banks
Emirates NBD Frontrunner To Buy BNP Paribas’ Egypt Arm-Sources
Emirates NBD, Dubai's largest bank, has emerged as the frontrunner to buy BNP Paribas' Egyptian retail…
Talks With IMF Won’t Be Affected By El-Okdah’s Resignation: Experts
A number of bankers affirmed that if Farouk El-Okdah leaves his position as Governor of the Central Bank of Egypt…
Alex Bank Sale Lawsuit Delayed To April 15th
The State Commissioners Authority at the Administrative Court postponed the lawsuit raised to nullify the sale of…
Farouk El-Okdah’s Resignation Not To Affect Egypt’s Monetary Policy: FJP
Dr. Mohamed Gouda, official spokesman and member of the Freedom and Justice Party (FJP)'s Economic Affairs…
Moody’s: Egypt Request to Delay IMF Loan Board Meeting Is Credit Negative
In a report issued today, rating agency Moody’s said Egypt’s request to the International Monetary Fund (IMF) to…
Al Baraka Bank Egypt Eyes EGP 143 Mln Net Profit In 2013
Al Baraka Bank of Egypt targets to achieve net profit of EGP 143 million in 2013, compared to expected net profit…
NBE Offers EGP 100 Mln To 50 Brick Factories In Behira
The National Bank of Egypt (NBE) has approved to offer EGP 100 million finance to 50 brick factories in Behira…
Ahlibank To Hold Islamic Banking Seminar
In line with the Royal Decree of His Majesty Sultan Qaboos, which was issued in December amending the Sultanate's…
Egypt Offers 91-, 273-Day T-Bills Worth EGP 5 Bln
The Egyptian Ministry of Finance has offered 91-and 273-day T-bills worth EGP 5 billion today. The 91-day T-bills…
Inflation Drops On Lower Prices Of Fresh Vegetables, Gas Cylinders
The annual core inflation dropped to 4.25 percent in November from 6.70 percent in October. The Central Bank of…