CBE Offers Egypt Banks $40 mln at FX Auction Today
The Central Bank of Egypt (CBE) has offered today its last foreign exchange auction for this week totaled US$ 40…
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Fed Surprises, Sticks to Stimulus As It Cuts Growth Outlook
The U.S. Federal Reserve defied investor expectations on Wednesday by postponing the start of the wind down of its…
ECB Policy Makers Say Stress Tests Risk Market Confusion
The European Central Bank is concerned that investors could be spooked by next year’s bank balance-sheet…
JPMorgan Said to Pay $900 Million to Settle Whale Probes
JPMorgan Chase & Co. (JPM) is poised to pay about $900 million to settle U.S. and U.K. claims that lax internal…
Egypt’s External Debt Falls to US$38.3 bln in Q3-end: CBE
Egypt's external debt fell to US$38.3 billion at end-March 2013, compared to US$ 38.8 billion by end-December, down…
CBE: No Requests Received from National Bank of Oman to Exit Egypt Market
The Central Bank of Egypt has not received any requests from the National Bank of Oman regarding the cancelation of…
Egypt Central Bank Delays Repo, Deposit Operations for 7th Week
For the seventh week in a row, Egypt's Central Bank (CBE) decides to postpone offering its repurchase agreements…
Bank of Oman to Exit Egyptian Market by June 2014; Sources
The National Bank of Oman (NBO) is planning to end its banking activities in the Egyptian market by the end of June…
Industrial Development Bank Eyes Capital Top-up to EGP2 bln
The Industrial Development & Workers Bank of Egypt (IDBE) is currently in talks with the country’s ministries…
CBE Offers Egypt Banks $40 mln at FX Auction Today
The Central Bank of Egypt (CBE) has offered today its first foreign exchange auction for this week totaled US$ 40…