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Egypt Central Bank Raises $40 mln at FX Auction
The Central Bank of Egypt (CBE) has offered today its last foreign exchange auction for this week totaled US$ 40…
Jpmorgan Bribe Probe Said To Expand In Asia As Spreadsheet Is Found
A probe of JPMorgan Chase & Co.’s (JPM) hiring practices in China has uncovered red flags across Asia,…
CBE Denies Freezing Banks’ Deposits
The Central Bank of Egypt (CBE), has asserted that the news which circulated on some websites regarding the freeze…
Al Baraka Bank of Egypt To Appoint Misr Insurance New Member Representative
Al Baraka Bank of Egypt has approved to appoint Mohy El-Din Ibrahim a representative of Misr Insurance company…
CBE Offers Egypt Banks $40 mln at FX Auction
The Central Bank of Egypt (CBE) has offered today its periodic foreign exchange auction for this week totaled US$…
NBE Says Blaze Did Not Affect Sphinx Branch
Hazem Hegazy, GM-Retail Banking Group Head at National Bank of Egypt (NBE), said the branch of sphinx square did…
SFD Egypt Eyes Total Finance To Hit EGP 2.1 bln By 2013-End
The Social Fund for Development (SFD), is targeting to hit EGP 2.1 billion total financing of small and micro…
BOE’s Bean Says Can’t See Signs Of Housing Boom Emerging
Bank of England Deputy Governor Charlie Bean said he isn’t worried the U.K. housing market is poised to suffer a…
IDB Eyes $10b Sukuk
Islamic Development Bank ( IDB ), the AAA-rated multinational lender, will boost its sukuk program by more than 50…
Egypt C. Bank Offers $ 40 Mln to Local Banks on FX Auction
The Central Bank of Egypt (CBE) has offered its final foreign exchange auction for this week totaled US$ 40 million…