AlexBank’s Board Ratifies EGP20mn Contribution to Long Live Egypt Fund
The Board of Directors of AlexBank - a member of Intesa Sanpaolo Group, approved the decision to contribute EGP 20…
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AlexBank Retracts Announcement of a New Historical Building Branch
In a quick response to Amwal Al Ghad’s latest report about a new branch housed in the one of the most vital…
AlexBank Violates Egypt Laws, Opens Branch Housed in Historical Building
AlexBank – subsidiary of Intesa Sanpaolo Group – announced today a new branch in Alexandria city, housed in the…
MasterCard’s Cross-border Card Fees in The Dock on Thursday
Europe's top court will rule on Thursday whether MasterCard's cross-border card fees, a lucrative revenue source…
Two Major Banks Plan London Move If Scotland Votes to Break up UK
Two major British banks, part-owned by the British government, said they would relocate to London if Scotland votes…
Egypt’s Core Inflation Hikes to 10.07% in August – C.Bank
Egypt’s core annual inflation rate jumped to 10.07% in August, from 9.57% in July, the central bank announced on…
Egypt Raises EGP8 billion on Day Four for New Suez Canal
8 billion Egyptian pounds (US$1.12 billion) were raised on the fourth day of selling Suez Canal investment…
Egypt’s Export Development Bank Attains EGP287mn Net Profit in 2013
During fiscal year of 2013/2014, Export Development Bank of Egypt (EDBE) reported a surge in its consolidated net…
Egypt Raises EGP5.5 billion on Day Three for New Suez Canal
5.5 billion Egyptian pounds (around US$769 million) were raised on the third day of selling Suez Canal investment…
CBE: Egypt’s Foreign Reserves Rise to $16.8 billion in August
Egypt's foreign reserves recorded a $99 rise to hit $16.835 billion at the end of August from $16.736 billion in…