Banks CIB bank Egypt 2017 profits surge 25% Yomna Yasser Feb 1, 2018 0 Egypt's largest listed bank, Commercial International Bank (CIB) on Thursday posted a 25 percent year-on-year surge…
Banks Central Bank of Egypt issues 15 bln pounds treasury bills Thursday Yomna Yasser Feb 1, 2018 0 The Central Bank of Egypt (CBE) issued treasury bills (T-bills) worth 15 billion pounds on Thursday in…
Banks Egyptian Arab Land Bank secures 200 mln pounds to Al Morshedy’s Project aya salah Jan 31, 2018 0 State-owned Egyptian Arab Land Bank (EALB) has signed a 200 million Egyptian pounds loan in favour of Memaar…
Banks NBE injects 1.250 bln pounds as part of CBE initiative for tourism aya salah Jan 31, 2018 0 Egypt’s biggest lender, the state-owned National Bank of Egypt s has pumped funds of 1.250 billion( $70.7 million…
Banks Middle Eastern countries must broaden tax bases: Lagarde aya salah Jan 30, 2018 0 Middle Eastern countries should pursue fiscal policies to support growth and build broader tax bases to fund…
Banks EG-Bank pumps 3 bln pounds in real estate and electricity fields aya salah Jan 30, 2018 0 Egyptian Gulf Bank-EG-Bank seeks to pump direct funds of 3 billion Egyptian pounds during the next period in the…
Banks SANAD offers Egypt’s state-run Banque du Caire $10 million loan Yomna Yasser Jan 30, 2018 0 SANAD Fund for Micro, Small, and Medium-sized Enterprises announced signing an agreement with Egypt’s state-owned…
Banks Egypt’s Central Bank issues 14 bln pounds in treasury bills on Sunday aya salah Jan 28, 2018 0 On behalf of the Ministry of Finance, the Central Bank of Egypt is set to issue 14 billion Egyptian…
Banks QNB Al-Ahli Bank’s personal funding surged by 2.5 billion pounds aya salah Jan 27, 2018 0 QNB Al-Ahli Bank has secured personal funding of 18.039 billion Egyptian pounds by the end 2017, compared to 15.492…
Banks IMF ups Egypt growth forecast to 4.8% in FY2017/18 aya salah Jan 24, 2018 0 The International Monetary Fund (IMF) has adjusted its projection for Egypt’s growth in financial year 2017/18 to…