Saudi Arabia, Egypt, Kuwait in talks to extend deposit maturity
Egypt is negotiating with Saudi Arabia and Kuwait to extend the maturity of deposits for a new…
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Banks
NBE set to pump 250 mln pounds funds among CBE mortgage initiative
The National Bank of Egypt, the oldest commercial lender in the country, has approved new funding of 250…
Banque Du Caire to establish a leasing arm with capital of 500 mln pounds
The Central Bank of Egypt has approved Banque du Caire’s plan to set up a financial leasing arm for the bank with…
BOE could validate some long-awaited optimism for the UK economy
The Bank of England's (BOE) upcoming policy meeting could go a long way in providing some positive sentiment in…
Egypt’s foreign debt rose to $80.8 bln in Q1-FY2017/18: c.bank
The Central Bank of Egypt (CBE) revealed Wednesday that the country's foreign debt jumped to $80.8 billion during…
Egypt studies the possibility of establishing digital bank: Amer
Egypt is considering the idea of establishing digital banks, the Governor of Central Bank of Egypt, Tarek Amer…
Egypt foreign reserves at record high before bond sale: Bloomberg
Egypt’s foreign-currency reserves climbed to a record in January just as as the government prepares to raise as…
ERBD plans a $200 mln funding for Egypt’s Suez Petroleum
The European Bank for Reconstruction and Development (EBRD) is planning to secure a $200 million loan for Egypt's…
Egypt’s foreign reserves jump to $38.209 bln at end of Jan.: c.bank
Egypt's foreign reserves spiked to reach $38.209 billion at the end of January, up from $37.019 billion at the end…
BoE could validate some long-awaited optimism for the UK economy
The Bank of England's (BoE) upcoming policy meeting could go a long way in providing some positive sentiment in…
