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Banks
Banque Misr Damietta’s Vehicle Hijacked, Robbed Of EGP 1.2 Mln
Banque Misr Damietta's car was attacked and robbed of EGP 1.200 million by anonymous on Tuesday morning. Four…
Mobinil Loan Arrangers To Send Info Memo To Banks Next Month
The National Bank of Egypt (NBE), Banque Misr, Commercial International Bank (CIB), National Société Générale Bank…
CBE Offers US$ 50 Mln To Local Banks On Tuesday FX Auction
The Central Bank of Egypt (CBE) offers US$ 50 million to local banks on Tuesday at its 15th FX auction, bringing…
Sukuk Law Prohibits Selling State’s Fixed Assets: Finance Minister Adviser
Ahmed El Naggar, adviser to the Minister of Finance and the one responsible for sukuk, denied what was said about…
NBE Closes Its 6 Branches In Port Said
The National Bank of Egypt (NBE) closed its 6 branches in Port Said for the second consecutive day after violence…
Industrial Development Bank Seeks Cooperation With Industrial Authorities
The Industrial Development and Workers Bank of Egypt targets to sign a protocol of cooperation with a number of…
Egypt Sold EGP 1 Bln T-Bonds, Failed To Sell 3-Year T-Bonds Worth EGP 500 Mln
The Egyptian Ministry of Finance sold 3- and 10-year T-bonds worth 1 billion, but it failed to sell 3-year T-bonds…
Al Baraka Bank Launches New Deposit Account Scheme To Attract Dollar Liquidity
Al Baraka Bank of Egypt is set to launch a new savings pool to encourage individuals to transfer their dollar funds…
European Bank To Invest €1 Bln In Suez Canal Corridor Project
Walid Abdel Ghaffar, a government coordinator for the Suez Canal corridor project, has met yesterday with…
Arab Investment Bank To Contribute EGP 120 Mln To Ethylene Loan
The Arab Investment Bank approved to contribute EGP 120 million to the US$ 1.250 billion loan arranged for the…