Bank Audi Egypt Doubles Profits to EGP212 mln by June-End
Bank Audi Egypt has doubled its net profit to EGP 212.3 million at the end of last June, compared to EGP…
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Blom Bank Egypt Reports EGP 81 Mln Profit in H1/2013
Blom Bank Egypt achieved profit of EGP 81.3 million by the first half of 2013, compared to EGP 30.7…
Egypt Central Bank Raises $40 mln at FX Auction
The Central Bank of Egypt (CBE) has offered today its last foreign exchange auction for this week totaled US$ 40…
HSBC Names New Head of MENA Debt Capital Markets
HSBC Holdings, the top arranger of debt issues in the Gulf Arab region, has named Mustafa Aziz Ata to run its…
Egypt Banks Back to Normal Working Hours Today
The Central Bank of Egypt (CBE) announced that commercial banks will return to normal working hours on Monday -…
Al Baraka Bank Egypt Eyes First Islamic Credit Card Launch in Q4
Al Baraka Bank of Egypt plans to launch within the fourth quarter of 2013, a new saving scheme represented in…
Socgen Plans $300 mln Sukuk Program in Malaysia – Sources
Societe Generale (SOGN.PA: Quote) will launch a 1 billion ringgit ($300 million) Islamic bond program in…
Capital Intelligence Cuts CIB Egypt’s Long-term Foreign Currency Rating to…
Global ratings agency Capital Intelligence has downgraded the long term foreign currency rating of Commercial…
Egypt Central Bank Raises $40 mln at FX Auction
The Central Bank of Egypt (CBE) has offered today its second foreign exchange auction for this week totaled US$ 40…
Despite Unrest, Egypt Central Bank Delays Its Repo Auction
Egypt's Central Bank (CBE) decided on Tuesday to postpone offering its repurchase agreements (Repo) for the third…