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Banks
Finance Ministry Raises 8 Bln In Treasury Bills, Bonds
The Egyptian Ministry of Finance sold 182- and 364-day treasury bills each worth EGP 3.5 billion on Thursday. The…
HDB Sets Up Real Estate Development Company With LYD 10 Mln Capital
The Housing and Development Bank (HDB) has announced that it will establish a real estate and tourism development…
EALB Sole Contributor To Egyptian Steel Loan
Banque Misr and Bank Audi Egypt asked all Islamic banks and some of the conventional banks to contribute to the EGP…
Egypt’s Central Bank Offers US$ 40 Mln At Thursday’s FX Auction
The Central Bank of Egypt (CBE) offers today US$ 40 million to local banks at its 53rd FX auction and the 37th one…
Abu Dhabi Islamic Bank – Egypt’s Deposits Grew 14.8% In Q1
Abu Dhabi Islamic Bank – Egypt’s deposit portfolio rose 14.8% (EGP 1.25 billion) in the first quarter of 2013 to…
NBE’s Platinum Saving Certificate Attracts EGP 13.6 Bln Since Raising Return
The National Bank of Egypt’s (NBE) Platinum Saving Certificate attracted EGP13.6 billion in two months since…
Abu Dhabi Islamic Bank Egypt Raises Capital Adequacy Rate To 10.4%
Abu Dhabi Islamic Bank-Egypt’s (ADIB) capital adequacy rate rose to 10.4% to comply with Basel II standards. The…
Doha Sukuk Meet Begins Today; Global Shariah Experts To Attend
Many legal and financial experts and Shariah scholars, among others, will attend a two-day international conference…
Barclays Expands Wealth And Investment Management Team With The Appointment Of Marc Hakim
Barclays today announced the appointment of Marc Hakim as Director within the Wealth and Investment Management…
Hisham Ramez Heads To London
The Governor of the Central Bank of Egypt, Hisham Ramez, has left for London today morning. He had earlier stated…
