CBE: Egypt’s Annual Core Inflation Rate Eases to 8.97% in August
Egypt’s annual core inflation rate set by the Central Bank of Egypt (CBE) fell to 8.97% in August, compared to…
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Qatar to Convert $2 bln Egypt Central Bank Deposit into Bonds -Report
Qatar agreed on Monday to convert a $2 billion deposit with Egypt's central bank into bonds within a week,…
CBE Offers its 100th FX Auction to Egypt Banks
The Central Bank of Egypt (CBE) has offered today its first foreign exchange auction for this week totaled US$ 40…
Housing & Development Bank: Consolidated Profits Surge to EGP164.5 mln – H1
Egypt’s Housing and Development Bank reported its consolidated financial statements for the first 6 months of 2013…
Egypt’s Foreign Reserves Slightly Rise to US$18.91 Mln in August
Egypt’s foreign cash reserves have reported a slight rise of US$ 34 million to reach US$ 18.916 billion by the end…
Egypt Prepared to Repay Qatari Loan in Days If Necessary
Egypt is prepared to repay within days $2 billion that Qatar deposited with Egypt's central bank in May if talks to…
Barclays Decides to Sell UAE Retail Bank After Review
Barclays Plc has decided to sell its retail banking operations in the United Arab Emirates after conducting a…
CBE Offers Egypt Banks $40 mln at FX Auction
The Central Bank of Egypt (CBE) has offered today its first foreign exchange auction for this week totaled US$ 40…
Egypt M2 Money Supply Rises to Five-Year High in July
Egypt's M2 money supply growth accelerated to 19.4 percent in the year to the end of July, the central bank said on…
Alex Bank Says Profits Hit EGP349 mln by H1/2013
Alex Bank Intesa Sanpaolo reported profits totaled EGP 349.3 million by the first half of 2013, compared to…