AlexBank Contributes EGP13mn to FEB’s Initiative to Support Egypt Economy
AlexBank will contribute 13 million Egyptian pounds to support the Arab country's economy and carry out a number of…
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Egyptian Arab Land Banks Eyes EGP750mn Debt Settlement in FY14/15
The Egyptian Arab Land Bank is planning to settle debts worth EGP 750 million with clients in default within the…
Egypt Plans to Auction $9 billion T-bonds in August
Within this August, Egypt's Finance Ministry plans to launch debt instruments totalling 64.5 billion Egyptian…
Egypt’s IDWBE Gets First Tranche of SFD’s Loan to Finance Small Bakeries
Egypt's Industrial Development & Workers Bank (IDWBE) received Thursday the first tranche of its loan…
ECB Website Hacked, with Personal Data Stolen
Hackers have broken into a European Central Bank database and stolen personal information, the central bank said…
Ahli United Bank Opens EGP100 Letters of Credit for Food Companies
Ahli United Bank - Egypt approved to open letters of credit worth EGP 100 million in favour of local food firms…
AlexBank Won’t Contribute to ‘Long Live Egypt’ Fund – CEO
AlexBank, a member of Intesa Sanpaolo Group, will not contribute to 'Long Live Egypt' fund, CEO Roberto Vercelli…
World Bank to Review $500mn Loan for Gas Delivery to Egypt Homes
Egypt's Ministry of Petroleum seeks to deliver natural gas to approximately 800.000 homes within the current fiscal…
Retail Loans Invade AlexBank, Is Intesa ‘Serious’ about Funding Plans in…
After being institutions' lender, is AlexBank turning into a retail bank? During first quarter, Bank of Alexandria…
Barclays Plans to Move Egypt HQ to East Cairo
Barclays's Egyptian arm plans to move its administrative headquarters to Egypt's Nasr City or Heliopolis districts,…