European Investment Bank raised €8.2 billion for Egypt projects over 35 years
The European Investment Bank has provided financing for Egypt worth around €8.2 billion ($9.8 billion) for more…
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Harvey, Irma Hurricanes give Fed more reasons to hold interest rates this year
Economic disruptions caused by a back-to-back pummeling from hurricanes in the United States may just seal the deal…
London wins top financial centre title once again as gap with New York grows
London has held onto top spot in the latest ranking of global financial centres as the gap with second placed New…
Remittances from Egyptian expatriates hit $14.5 billion since currency float
Remittances from Egyptian expatriates have risen to $14.5 billion in the period since Egypt floated its currency in…
Suez Canal Bank targets 400 mln pounds in SME financing at year-end
Egypt’s Suez Canal Bank is seeking to increase funding for the country’s small and medium-sized businesses to reach…
China Development Bank earmarks ‘large’ funds for Egyptian projects: minister
The China Development Bank is granting Egypt “large credit facilities” to finance development projects in the…
Ahli United Bank investments in Egypt debt fall to 6.250 bln pounds in six months
Ahli United Bank – Egypt, part of Bahraini Ahli United Bank, says its investments in domestic debt instruments…
Banking group Nordea snubs Sweden with moving HQ to Finland
Nordea said the move to Finland, where it would be supervised by the European Central Bank, would save around €1…
Egyptian Arab Land Bank seeks higher deposits this year
State-owned Egyptian Arab Land Bank (EALB) is seeking higher deposits by 10 percent for the current financial year,…
Egypt’s foreign reserves rise to $36.143 billion in August – c.bank
Egypt’s foreign reserves surged to $36.143 billion at the end of August from $36.036 billion a month earlier, the…