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Banks
Egypt’s Central Bank Offers 7-Day Repos Worth EGP8 Bln
Egypt Central Bank (CBE) has offered on Tuesday 7-day deposits worth EGP 8 billion to the local banks at interest…
Saudi Banks To Gain From Sukuk Growth
The Saudi sukuk market will continue to grow over the next 12-18 months, a credit positive for Saudi banks,…
NBK Opens New Branch In Abu Dhabi, The Second In UAE
National Bank of Kuwait (NBK) yesterday opened its new branch in Abu Dhabi, the second in the United Arab Emirates…
Why Citi Wants To Rack Up U.S. Taxes
Over the past few years, Citigroup Inc has been grappling with an unusual problem - how to incur more U.S. taxes.…
World Bank Invests US$1.25 mln in Egypt’s Job Creation Program
The World Bank group and its partners are investing more than $1.25 million in the Egypt Development Marketplace…
ADIB Egypt Allocates EGP 400 Mln To Finance SMEs Over 2 Years
As part of Abu Dhabi Islamic Bank (ADIB) - Egypt’s (ADIB) plan to expand its financing of SMEs, it has allocated…
Egypt C. Bank Offers US$ 40 Mln at 69th FX Auction
The Central Bank of Egypt (CBE) is offering today US$ 40 million to local banks at its 69th foreign exchange…
C. Bank: Monthly Inflation Rates Diminished By 0.97%
Central Bank of Egypt (CBE), in its monthly inflation developments, stated that the decline of the prices of…
NBE Expects Irregular Dept Portfolio to Reach EGP6 Mln By FY-End
Yehia Abou El-Fotouh - Executive Committee Member and Corporate Credit Risk,Debt Recover & Restructuring Groups…
Egypt In Late Stages Of Verifying Reform Plan With IMF
Egypt's government is in the late stages of verifying its economic reform programme with the International Monetary…