Egypt’s Gross Domestic Debt Jumps 24% in FY2012/13 – CBE
Egypt's gross domestic debts rose by almost 24 percent in the fiscal year (FY) 2012/13, reaching EGP 1.5 trillion…
Browsing Tag
Banks news
Banking Investments in T-bills in Egypt Surge to EGP314.3 bln by July-end
The banking sector’s investments in treasury bills surged 3.8% (EGP 11.9 billion) to reach EGP 314.3 billion at the…
Egypt’s Central Bank Governor Says IMF Treated Egypt Improperly
Egypt's central bank governor, Hisham Ramez, has criticized the International Monetary Fund over the manner in…
Banque Misr Says Egyptian Steel’s EGP1 bln Loan Deal Is Signed
Banque Misr, Bank Audi Egypt and Egyptian Arab Land Bank (EALB) have signed on Wednesday the definitive loan…
Industrial Development Bank Attains EGP426 mln SMEs Finance Portfolio by Sept-End
The Industrial Development and Workers Bank of Egypt (IDWB) recorded an increase in its SME finance portfolio…
5 Banks Complete Final Terms to Fund Al-Futtaim’s Cairo Festival City Project
In a new development regarding UAE-based Al-Futtaim Group Real Estate (AFGRE)'s EGP 2 billion loan – 5 banks…
JPMorgan Said to Settle CFTC London Whale Trading Probe
JPMorgan Chase & Co. (JPM) has agreed to pay about $100 million to resolve the Commodity Futures Trading…
African Development Bank Delays $357.1 mln Loan to Egypt Until Year-End
The African Development Bank (AfDB) has decided to postpone granting Egypt the EGP 2.5 billion loan (US$ 357.1…
China Central Bank Says 2013 GDP Growth to Exceed 7.5 Percent: Xinhua
China's economic growth should exceed 7.5 percent this year, deputy central bank governor Yi Gang was quoted by…
CBE: Egypt’s Annual Core Inflation Jumps to 11.15% in September
Egypt's annual core inflation jumped to 11.15% in September, compared with 8.97% in August, the country's central…