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KIMA Considers Issuing Dollar Bonds To Meet Banks’ Conditions
The Egyptian Chemical Industries Company (KIMA) considers offering dollar-denominated bonds in the Egyptian…
Egypt Central Bank Receives Libya’s US$2 Bln Loan: Sources
The Libyan government has already injected US$ 2 billion in the Egypt’s Central Bank (CBE) by the end of last week…
Egypt’s External Debt Rose 11.8% In Q2 2012/13: CBE
Egypt's external debt rose by 11.8 percent in the second quarter of the 2012/13 fiscal year, recording $38.8…
AmCham DoorKnock Mission Meets With Ramez, Shaalan In Washington, DC
The U.S. Chamber of Commerce in Washington, DC will be hosting the Egyptian Central Bank Governor Hisham Ramez…
Investing In IT Sector Inevitable To Comply With FATCA: NBE
Hisham Okasha, Deputy Chairman of the National Bank of Egypt (NBE), has stressed on the necessity of making…
New Committee Formed To Adopt FATCA, includes Egypt Central Bank, FSA
Gamal Negm, Deputy Governor of the Central Bank of Egypt (CBE), announced the formation of a new committee –…
KIMA Negotiates With Arab Banks to Fund Its New Factory
The Egyptian Chemical Industries Company (KIMA), has started a series of negotiations and meetings with a number of…
Annual Arab Banking Conference 2013 Kicks Off In Hurghada
The Union Of Arab Banks’ Annual Arab Banking Conference 2013 has kicked off Thursday morning in Hurghada in…
Egypt Central Offers Banks US$40 Mln At FX Auction
The Central Bank of Egypt (CBE) has offered its last offering for this week US$ 40 million to local banks on…
Bank Of America Quarterly Profit Quadruples But Revenue Falls
Bank of America Corp reported a lower-than-expected first-quarter profit and its revenue fell, sending the No. 2…