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Banks
6 Banks To Grant Hyde Park’s EGP1.2 bln Loan Next Tuesday
6 Banks will be signing the final contracts for Hyde Park’s Loan worth EGP 1.2 billion next Tuesday. The loan…
NBE: Corporate Loan Portfolio Hits EGP 76 Bln By May-End
The National Bank of Egypt ( NBE) stated on Saturday that its corporate loan portfolio has hiked to EGP 76 billion…
IMF approves $1.74b standby loan for Tunisia
The International Monetary Fund on Friday approved a two-year, $1.74 billion standby loan for Tunisia to support…
Global Resilience, Sustainable Recovery Are IMF Work Priorities
The IMF’s work agenda for the coming months centers on invigorating a sustainable recovery and making the global…
Ahli United Bank To Open L/C Worth US$ 600 Mln
Ahli United Bank has agreed to open Letter of Credit and Letter of Guarantee worth US$ 600 million to companies…
Egypt’s Finance Offers T- Billis Worth EGP 8 Bln, Today
Egypt’s Ministry of Finance is issuing 182- and 357-day treasury bills valued at EGP 8 billion. Ministry of Finance…
Egypt’s FX Reserves Hit US$16.03 Bln, Highest Since Uprising
Egypt’s Foreign Reserves have recorded a remarkable rise of US$ 1.613 billion to reach US$ 16.03 billion by the end…
Egypt Central Bank Provides US$ 40 Mln at FX Auction
In its last FX Auction for this week, the Central Bank of Egypt (CBE) has offered on Thursday US$ 40 million…
Barclays falls on placement as Europe opens flat
UK lender Barclays was among the top fallers after a share placement as European equities were expected to be…
IMF admits it lowered own standards for Greek program
The International Monetary Fund on Wednesday admitted it had to lower its normal standards for debt sustainability…