Egypt signs AfDB $500 million second tranche deal
Egypt has signed Monday a deal to obtain a payment of $500 million from the African Development Bank (AfDB), the…
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Egypt central bank to issue local treasury bonds Monday
Egypt’s central bank will issue on Monday, on behalf of Ministry of Finance, treasury bonds totalling 500 million…
Banque Misr inks $500 mln loan MoU with Chinese lender
Egypt's second-largest bank, the state-owned Banque Misr has signed a memorandum of understanding with the…
Banque Misr pumps 1 bln pounds in micro-sized project initiative
Egypt’s second biggest bank, state-owned Banque Misr has pumped one billion Egyptian pounds ($54.7 million) in…
CBE to issue treasury bills worth 7.5 billion Egyptian pounds today
Egypt’s central bank will be issuing Sunday, on behalf of Ministry of Finance, treasury bills totalling 7.5 billion…
Russia’s central bank leaves rates ‘unchanged’ but signals a cut early 2017
The Russian central bank announced on Friday that it was keeping its key interest rate at 10 percent, yet it opened…
AfDB approves $500 million second tranche to Egypt: minister
The African Development Bank’s (AfDB) board has approved Tuesday payment of a $500 million to Egypt, the second of…
UniCredit to raise €13 billion in Italy’s biggest share issue
Italy's largest bank, UniCredit announced Tuesday it would raise 13 billion euros ($13.83 billion) in the country's…
Egypt’s United Bank: bad loans edge higher on currency float move
The state-run United Bank of Egypt’s portfolio of bad loans has surged to 3.5 billion Egyptian pounds ($191.2…
CBE issues treasury bonds worth 500 mln Egyptian pounds Monday
Egypt’s central bank is planning to issue Monday, on behalf of Ministry of Finance, treasury bonds totalling 500…