Independent Commission on Banking: Key Points,Facts & Reactions
The Parliamentary Commission on Banking Standards, led by Andrew Tyrie British Member of Parliament , has published…
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Egypt, EBRD Sign Host Country Agreement
The European Bank for Reconstruction and Development [EBRD) has signed an agreement with the Egyptian authorities…
Ezz Steel Raises Ain Sokhna’s New DRI Plant Finance To EGP2.8 Bln
Ezz Steel (ESRS.CA) announced on Tuesday that it signed a contract with the National Bank of Egypt (NBE), Banque…
Egypt’s Central Bank Offers 7-Day Repos Worth EGP8 Bln
Egypt Central Bank (CBE) has offered on Tuesday 7-day deposits worth EGP 8 billion to the local banks at interest…
World Bank Invests US$1.25 mln in Egypt’s Job Creation Program
The World Bank group and its partners are investing more than $1.25 million in the Egypt Development Marketplace…
ADIB Egypt Allocates EGP 400 Mln To Finance SMEs Over 2 Years
As part of Abu Dhabi Islamic Bank (ADIB) - Egypt’s (ADIB) plan to expand its financing of SMEs, it has allocated…
Egypt C. Bank Offers US$ 40 Mln at 69th FX Auction
The Central Bank of Egypt (CBE) is offering today US$ 40 million to local banks at its 69th foreign exchange…
C. Bank: Monthly Inflation Rates Diminished By 0.97%
Central Bank of Egypt (CBE), in its monthly inflation developments, stated that the decline of the prices of…
NBE Expects Irregular Dept Portfolio to Reach EGP6 Mln By FY-End
Yehia Abou El-Fotouh - Executive Committee Member and Corporate Credit Risk,Debt Recover & Restructuring Groups…
Egypt’s FinMIN to Offer T- Bills Worth EGP 6 Bln Today
Egypt’s Ministry of Finance is set to offer 91- and 273-day treasury bills totaled at EGP 6 billion today. Ministry…