Central Bank of Egypt Auctions EGP6 T-bills Tomorrow
On behalf of the Egyptian Finance Ministry, the Central Bank of Egypt will launch Sunday new short term Treasury…
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Egypt Foreign Reserves up to $16.736 billion at end-July
Egypt's foreign reserves registered a $50 rise to hit$16.736 billion at the end of July from $16.687 billion in…
Barclays Contributes EGP3mn to Develop Slum Areas in Egypt
Barclays Egypt will contribute 3 million Egyptian pounds to combat the slums phenomena in Egypt under the…
World Bank Approves $500 Million Loan to Egypt – PM
Egyptian Prime Minister Ibrahim Mahlab announced Wednesday the approval of the World Bank Group (WB) of a…
Egypt Eyes Borrowing from Morgan Stanley, JP Morgan to Repay Oil Debts
Egypt is in talks with Morgan Stanley and J.P. Morgan alongside other Arab and local banks, aiming to repay debts…
S&P Classifies Egypt’s BICRA at Group ’10’
Standard & Poor's Ratings Services Monday published its "Banking Industry Country Risk Assessment: Egypt."…
Egypt’s Central Bank Issues Extra Bonds on Strong Demand
Egypt's central bank issued about twice the volume of three-year and seven-year treasury bonds on offer at an…
Is AlexBank CEO’s Strategy Threatening Egypt-Italy Ties?
Roberto Vercelli, CEO of AlexBank, is asserting again that his recent cynical remarks about not contributing to…
Marsa Abu Dhabi to Market EALB’s EGP2.7bn Assets in Gulf Next Sept
Marsa Abu Dhabi Properties LLC will be marketing within next September EGP 2.7 billion of assets owned by the…
Barclays Egypt to Launch ‘Car Loan’ Product before Year-end
Barclays' Egyptian arm says it will launch its new product 'Auto Loan' before the end of the current year. The…