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Banks
Al Nour Party Asks Morsi To Refer Sukuk Law To Al-Azhar
Ultraconservative Salafi Al Nour Party has submitted an official note to the Egyptian President Mohamed Morsi…
Soaring Inflation Drives CBE To Raise Lending, Deposit Rates By 50 BPS
The Central Bank of Egypt’s Monetary Policy Committee has raised benchmark overnight deposit and lending rates by…
Egypt’s Debut Sukuk To Finance Project With US$ 300 Mln: Finance Minister Adviser
The required finance is the first criterion to choose the project that will be financed by Egypt’s debut sukuk…
Egypt Seeks Libyan Deposit To Support Foreign Reserves
A high-level Egyptian delegation will discuss with the Libyan authorities about the possibility of receiving a…
NBE, BM, Blom, CIB Raise Youths’ Awareness On Banking Services
Ashraf Gamal El Din, deputy executive director of Egyptian Banking Institute (EBI), revealed that the National Bank…
Banque Du Caire’s Brimo Certificate Attracts EGP 1 Bln In One Month
Banque Du Caire’s local-currency three-year Brimo Certificate attracted deposits worth EGP one billion in a month,…
CBE Offers US$ 40 Mln To Local Banks At FX Auction On Thursday
The Central Bank of Egypt (CBE) offers US$ 40 million to local banks on Thursday at its 37th FX auction and the…
Finance Ministry Holds Press Conference On Sukuk Today
The Egyptian Ministry of Finance will hold on Thursday a press conference on sukuk law, recently passed by Shura…
Bank Muscat To Increase Its Capital To OMR350m
Bank Muscat shareholders yesterday granted approval for raising the authorised capital of the flagship financial…
Doha Bank’s Fcrs Affirmed By Ratings Agency
Capital Intelligence (CI), the international credit ratings agency, has affirmed Doha Bank 's Long- and Short-Term…