Egyptian parliament ratifies €225mln from KfW to support economic reform
The Egyptian Parliament approved a €225 million ($267 million) agreement that was previously signed between…
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Egypt to choose 4-5 banks to arrange next euro bonds issuance: minister
Egypt will choose between four to five international banks to arrange the next euro bonds issuance, Finance…
Latest IMF $2bn disbursement to be used to reduce Egypt’s budget deficit: CBE
The latest $2 billion loan disbursement from the International Monetary Fund (IMF), which is set to be delivered…
RBS to pay $125M to settle California mortgage bond claims
Royal Bank of Scotland Group Plc will pay $125 million to resolve claims that it made misrepresentations while…
IMF endorses first installement in second tranche of $12 bln loan to Egypt
The International Monetary Fund (IMF) approved the first batch – worth $2.3 billion – of the second tranche of a…
BoE to allow EU banks to operate in UK as normal after Brexit
The Bank of England will allow European banks to continue selling their services in the United Kingdom without…
Remittances rise to $24.2 since liberalization of exchange rate: CBE
The Central Bank of Egypt (CBE) announced that remittances from Egyptian expatriates increased to $24.2…
Foreign investments in gov’t T-Bills register $18 bln in October: CBE
Foreigners’ investments in government treasury bills registered a new record high of about $18.849 billion at the…
Central bank of Egypt issues 13.25 bln pounds treasury bills
The Central Bank of Egypt, on the behalf of the Ministry of Finance, issued Thursday in treasury bills estimated…
Al Ahli Bank of Kuwait-Egypt seeks to directly finance SMEs in 2018
Kuwait-based Al Ahli Bank of Kuwait-Egypt (AKB) aims to directly finance small and medium enterprises during…
