Egypt, EU Agree on €90 mln Grant
Egypt’s Deputy Prime Minister and Minister of International Cooperation Ziad Baha El-Din and Catherine Ashton, the…
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World Bank Pumps $500 mln to Finance Microenterprises in Egypt
A high-profile delegation from the World Bank (WB) has visited a number of projects being implemented by the Social…
Egypt Secures Financing from World Bank, in Talks with Saudi Arabia over New Aid
Egyptian Finance Minister Ahmed Galal revealed that the World Bank has approved a financing package for a number of…
Barclays Egypt: Total Loans Fall to EGP5.9 bln at September-end
Barclays Bank Egypt has announced on Thursday its financial results for the first nine months of 2013,…
Barclays Bank Egypt Attains EGP325 mln Profits in 9 Months
Barclays Bank Egypt posted net profits worth EGP 325 million during the first nine months of 2013, a senior source…
Brazil’s Central Bank Raises Interest Rate To 10%
Brazil's central bank raised its benchmark interest rate on Wednesday by half a point to 10% as expected and hinted…
Arab Banking Corporation Says to Activate Bancassurance Service by 2014
Arab Banking Corporation – Egypt (ABC) is targeting the activation of the Bancassurance service by next year. This…
CBE Offers US$40 mln at FX Auction
The Central Bank of Egypt (CBE) offers today its second foreign exchange auction for this week worth US$ 40 million…
Egypt Didn’t Receive Any Turkish Requests to Return Deposit – CBE Governor
Central Bank of Egypt (CBE) governor Hisham Ramez said on Monday Turkey had not requested to redeem its $1 billion…
Egypt’s Dollar Debt Costs Plunge As Gulf Money Trumps Low Demand
Egypt paid the lowest yield on record to raise $1.8 billion in an auction of dollar-denominated treasury bills as…