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NBE Mulls Lending Two Tourism Companies EGP 350 Mln
The National Bank of Egypt (NBE) considers granting two loans worth EGP 350 million to two tourism companies. A…
Egypt’s FinMin Raises EGP 6.8 Bln In T-Bills
The Egyptian Ministry of Finance has sold 182- and 357-day treasury bills worth EGP 6.847 billion on Thursday,…
NBE Offers Al-Ahram Institution EGP 150 Mln Loan
The National Bank of Egypt (NBE) has granted Al-Ahram Institution a loan worth EGP 150 million, sources told Amwal…
CIB Announces Board Reshuffle
The Commercial International Bank (CIB) has announced board reshuffle after it appointed Yasser Zaky Hashem and…
Egypt’s Central Bank Cancels Thursday’s FX Auction
The Central Bank of Egypt (CBE) has postponed its 60th periodic FX auction from Thursday to next Monday. Sources…
Egypt Boosts FX Sale For Commodities As S&P Warns On Inflation
Egypt’s central bank will offer a record $800 million at a currency auction to local lenders today to finance…
Arab International Bank’s Deposits Drop 44.5% In 2012
The Arab International Bank’s (AIB) deposits fell US$ 735.8 million (44.5%) to reach US$ 1.650 billion at the end…
CIB Contributes EGP 500 Mln To South Helwan Power Plant Loan
The Commercial International Bank (CIB) has decided to provide the total value it said it will contribute with to…
Dubai Lender Emirates NBD Launches $1 Bln Bond At 5.75%
Emirates NBD launched a $1 billion core capital-boosting bond on Wednesday, amid healthy demand, allowing the Dubai…
Islamic Development Bank Increases Its Capital To $ 150 Billion
The Board of Governors of Islamic Development Bank Group approved at the conclusion of its annual meetings in the…
