Banks C.bank plans to float United Bank of Egypt aya salah Feb 22, 2016 0 Egypt's central bank plans to float the United Bank of Egypt, in which it holds a 99 percent stake, in an initial…
Banks Egypt raises deposit cap to $1 m for exporters aya salah Feb 16, 2016 0 Egypt's central bank raised on Monday the cap on foreign currency deposits at banks to $1 million a month for…
Banks CIB accepts final OTMT bid for CI Capital – sources aya salah Feb 15, 2016 0 Egypt's largest listed lender Commercial International Bank (COMI) accepted billionaire Naguib Sawiris's bid to buy…
Banks CBE Deputy Governor explains dollar cap increase to reguators aya salah Feb 15, 2016 0 Deputy Governor of the Central Bank of Egypt (CBE) Gamal Negm met with officers from banking operations and…
forex news Yen firmer as weak oil curbs risk sentiment, Aussie sags Noha Gad Feb 2, 2016 0 The yen edged higher on Tuesday as a fall in oil prices weighed on equities and risk appetite, while the Australian…
Banks BofA profit up as costs fall, revenue rises in most businesses aya salah Jan 19, 2016 0 Bank of America Corp, the No. 2 U.S. bank by assets, reported Tuesday a better-than-expected rise in profit for…
Banks Credit Agricole revives plan to simplify its structure, shares rise aya salah Jan 19, 2016 0 French bank Credit Agricole is reviving plans to simplify its ownership structure with a scheme to inject…
Banks Saudi bank deposits reach lowest level in 25 years aya salah Dec 1, 2015 0 While Saudi Arabia is pumping record amounts of oil this year, low crude prices seem to be backfiring. As borrowing…
Banks Egypt’s pound steady at first forex auction under new c.bank governor aya salah Nov 29, 2015 0 Egypt's central bank held the pound steady at 7.7301 pounds to the dollar Sunday at the first official foreign…
Banks Egypt’s central bank savior faces tricky balancing act aya salah Nov 28, 2015 0 From bankers to carmakers, Egypt's business community will breathe easier when Tarek Amer takes charge at the…