Egypt Central Bank Seen Keeping Rates on Hold amid Nascent Recovery
Egypt's central bank is expected to keep interest rates on hold on Thursday as inflationary pressure continues to…
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Egypt’s Biggest Lender Plans EGP10bn Finances for Contracting Sector
Egypt’s biggest state-owned lender, the National Bank of Egypt (NBE) will allocate around EGP10 billion (US$ 1.4…
China’s Rate Cut May Be Short on Impact
China's move to slash lending rates to help slowing growth may lack punch, as Chinese banks likely will remain…
Egypt Allocates €338mn of EBRD Finances for Private-sector Projects
Egypt allocates €338 million of European Bank for Reconstruction and Development (EBRD)’s finances to finance 14…
Exclusive: China Ready to Cut Rates Again on Fears of Deflation – Sources
China's leadership and central bank are ready to cut interest rates again and also loosen lending restrictions,…
Swiss to Vote on Central Bank’s Gold
Swiss voters will decide Nov. 30 on an initiative that would force the country's central bank to more than double…
ALEXBANK’S CEO Invites Foreign Investors to Invest in Egypt, cites economic and…
The CEO of AlexBank, a member of Intesa Sanpaolo Group, stated that the political and economic situation in Egypt…
Bank Audi Egypt Says Net Profit Surges 11% in 9 Months
Bank Audi S.A.E. - a member of Audi Saradar Group with operations across the MENA region – revealed its business…
CI Affirms Export Development Bank of Egypt Ratings; Stable outlook
Capital Intelligence (CI) has announced that it has affirmed Export Development Bank of Egypt's (EDBE) Financial…
SFD, Bank Audi to Ink New Contract worth EGP40mn early 2015
Egypt’s Social Fund for Development (SFD) will sign a new financing contract worth EGP 40 million with Bank Audi…