Banque Misr Sees Mobile Payment Launch within Q1 of FY2014/15
Banque Misr is expected to launch the mobile payment and internet services within the first quarter of the fiscal…
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Banque Du Caire signs US FATCA Tax Deal
Egypt's Banque Du Caire has signed today an agreement with the Internal Revenue Service (IRS), the US tax…
World Bank Launches Consultations for New 5-year Partnership Framework with Egypt
The World Bank Group (WBG) launched on Sunday consultations with diversified group of stakeholders in preparation…
CBE to issue $600 million in one-year dollar-denominated T-bills
Egypt's central bank announced on Sunday it would offer US$ 600 million in one-year, dollar-denominated treasury…
AAIB eyes Takeover of Nova Scotia Bank’s Credit Portfolio in Egypt
Arab African International Bank (AAIB) plans to take over Canadian Bank of Nova Scotia's product portfolios,…
CBE to Auction T-bills worth 6 billion Pounds Today
On behalf of the Egyptian Finance Ministry, the Central Bank of Egypt will be offering today 91 and 266-day…
HSBC Considers EGP2bn Finances for Energy, Food, Contracting and Oil Sectors
HSBC Bank Egypt is studying to secure finances worth more than EGP 2 billion ($279.6 billion) for sectors of…
HSBC Egypt mulls EGP1 billion Finances for 8 Cement Firms
HSBC Bank Egypt is considering securing finances worth EGP 1 billion ($139.8 million) for 7 to 8 companies working…
Banque Misr: Total Investments hit EGP40 billion, Real Estate Fund due in Q4
Banque Misr's portfolio of total investments (listed and unlisted) currently stands at EGP 40 billion, said General…
Barclays Egypt Says SME Funding Portfolio Hits EGP350 million
Barclays Egypt's total SMEs finance portfolio amounts to EGP 350 million within the current June, Amwal Al Ghad…