Egyptian Gulf Bank Approves Cash Dividends, Capital Hike to $233.5 mln
Egyptian Gulf Bank (EGB) Ordinary general assembly meeting (OGM) approved in its meeting on Tuesday a cash dividend…
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Egypt-born Nemat Shafik: Economist with Stellar CV Named Bank of England Deputy
Egyptian-born Nemat Shafik's appointment as deputy governor of the Bank of England will turn her from a…
Banque Du Caire Participates in CBE’s Mortgage Funding Initiative
Banque Du Caire has joined the Central Bank of Egypt in a scheme that aims to boost Egypt’s real estate market by…
Banque Misr to Underwrite EGP600 million of Noran Sugar’s Islamic Finance
Banque Misr is set to underwrite EGP600 million of the EGP1.5 billion Shariah-compliant finance arranged for Noran…
United Bank Mulls Capital Top-up to EGP2 billion to Finance Mega Projects
Egyptian lender United Bank S.A.E. is considering a capital increase to EGP 2 million within this year from EGP 1…
CBE Requests EGP50 bln at 33rd Auction of Deposit Operation
Egypt’s Central Bank (CBE) is requesting on Tuesday around 50 billion Egyptian pounds of domestic surplus liquidity…
Egypt C.bank Launches New Initiative to Boost SMEs Next April
Egypt’s central bank is due to launch a new initiative to enhance the SMEs sector within next month, said the…
EIB’s Financing Operations in Egypt Cross €6 billion
The European Investment Bank has provided Egypt with financing amounting to over €6 billion since the launch of…
NBE Grants EGP200mn Islamic Finance for a Company Working in Industry Sector
The National Bank of Egypt (NBE) announced a new Sharia-compliant loan agreement worth EGP 200 million ($28.7…
CBE Requests EGP65 bln at 32nd Auction for Deposit Operation Today
Egypt’s Central Bank (CBE) is requesting on Tuesday 65 billion Egyptian pounds of domestic surplus liquidity from…