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NBE, Banque Misr, CIB to Provide € 96 Mln to SEMAF
The National Bank of Egypt, Banque Misr and Commercial International Bank are studying to grant Railway Equipment…
Egypt’s central bank Offers 7-Day Repos Worth EGP5 Bln
Egypt Central Bank (CBE) has offered on Tuesday 7-day deposits worth EGP 5 billion to the local banks at interest…
Fitch Affirms 11 Saudi Arabian Banks; Revises 3 Banks’ Outlooks To Negative
Fitch Ratings has affirmed 11 Saudi Arabian banks as part of a peer review of the Saudi banking sector. Fitch has…
6 Banks to Sign Final Contracts for Hyde Park’s Loan Today
Six banks, represented in the National Bank of Egypt (NBE), the Egyptian Arab Land Bank (EALB), Banque Du Caire,…
Egypt’s Central Bank: Core Inflation Rates Jumped 8.04% in May
Egypt Central Bank announced, today in its monthly statement that the core inflation rates climbed 8.04% in May, up…
Turkey c.bank moves to counter currency volatility
Turkey's central bank said it would act when necessary to counter the impact of excessive forex market volatility…
Emirates NBD Completes Acquisition Of BNP Paribas Egypt Shares
Emirates NBD, part of the renowned Emirates NBD Group, has completed the acquisition of BNP Paribas S.A.E shares in…
Egypt’s Central Bank Offers US$ 40 Mln at FX Auction Today
Central Bank of Egypt (CBE) has offered on Monday US$ 40 million to local banks at its 66th auction and the 48th…
AUB: Foreign Transactions Volume Hits EGP 10 Bln in 5 Months
The total volume of Ahli United Bank (AUB)'s foreign transactions, represented in letter of credit and letter of…
Arab Banking Corporation Says Net Profit Jumps To EGP 28.6 Bln – Q1
Arab Banking Corporation (ABC) has recorded net profit of EGP 28.6 million, by the first quarter of the current…