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Egypt C.Bank to Offer US$40 Mln at Today FX Auction
The Central Bank of Egypt (CBE) will be offering on Thursday US$ 40 million to the local banks at its 74th foreign…
MasterCard and EBC Launch Flous Mobile Payment Gateway in Egypt
MasterCard, National Bank of Egypt (NBE) in collaboration with Etisalat have rolled out their mobile payment wallet…
Islamic Banking Association Launches Index of Bourse’s Sharia-Compliant Shares
Islamic banking experts have called on the Central Bank of Egypt to tailor its policies regarding Islamic banking…
Egypt Army Reinforces its Presence around C.Bank
Egyptian Army reinforced on Wednesday its presence around the headquarters of Central Bank of Egypt (CBE) within…
Banque Du Caire Pumps EGP1.6 Bln Corporate Loans in 5 Months
Ayman Mokhtar, head of Corporate Credit Sector at Banque Du Caire, stated that his bank has pumped EGP 1.6 billion…
SECON, NBE, Banque Misr Sign EGP93 Mln Bridge Loan Agreement to Build Nile Hilton Cairo
The Saudi Egyptian Construction Company “SECON” signed EGP 93 million bridge loan agreement with the National Bank…
Egypt C.Bank to Offer US$40 Mln at Today FX Auction
The Central Bank of Egypt (CBE) will be offering on Wednesday US$ 40 million to the local banks at its 73th foreign…
Hong Kong Bank System Outlook Cut by Moody’s on China Risk
The outlook for Hong Kong’s banking system was lowered to negative from stable at Moody’s Investors Service Inc. on…
Egypt Banks Announces July 1st Official Holiday On New FY
Banks in Egypt will be closed on 1 July due to end of 2012/13 fiscal year. Egypt’s banks and stock exchange…
World Bank to Help Developing Nations Cope with Rising Rates: Kim
The head of the World Bank said on Tuesday that the global lender stands ready to help developing countries cope…