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Banks
Supporting Unofficial Sector Necessary To Economic Growth; El-Sayed El-Kosayer Says
The Industrial Development and Workers Bank of Egypt places small and medium-sized enterprises (SMEs) on the top of…
Industrial Development Bank Signs 2 Agreements With SFD To Finance 2,000 Small Enterprises
The Industrial Development and Workers Bank of Egypt signed two finance contracts worth EGP 100 million with the…
CBE Offers US$ 40 Mln At FX Auction, Allocates Quota To Each Bank
The Central Bank of Egypt (CBE) offers US$ 40 million to local banks on Wednesday at its 33rd FX auction and the…
HC Valuates NSGB Share Price At EGP 35.25, BOD Approves QNB Tender Offer
HC Securities, the independent financial advisor evaluating National Societe Generale Bank (NSGB.CA) share price,…
4 Banks Assign Engineering Expert To Study Tantalum Egypt’s Project
Banque Misr, Banque Du Caire, Commercial International Bank (CIB) and Bank Audi Egypt have reached an agreement…
5 Banks Consider Financing Ethydco’s Electrical Plant
Banque Misr, Arab International Bank, Bank Audi Egypt, Faisal Islamic Bank of Egypt and Alex Bank Intesa Sanpaolo…
Arab Investment Bank Considers Contributing To El Marakby Loan
The Arab Investment Bank plans to contribute to the EGP 520 million loan arranged by the National Bank of Egypt…
Finance Ministry Sells 3-, 10-Year T-Bonds Worth 1 Bln
The Egyptian Ministry of Finance sold 3- and 10-year treasury bonds worth EGP 1 billion on Monday. The Ministry…
Public Funds Prosecution Asks CBE About Convicted Former Regime Figures’ Bank Accounts
The judicial committee constituted by the Public Funds Prosecution has started the required procedures to collect…
CBE Offers US$ 40 Mln To Local Banks At FX Auction On Monday
The Central Bank of Egypt (CBE) offers US$ 40 million to local banks on Monday, with a maximum of US$ 6 million to…