Global Resilience, Sustainable Recovery Are IMF Work Priorities
The IMF’s work agenda for the coming months centers on invigorating a sustainable recovery and making the global…
Browsing Tag
Banks
Ahli United Bank To Open L/C Worth US$ 600 Mln
Ahli United Bank has agreed to open Letter of Credit and Letter of Guarantee worth US$ 600 million to companies…
Egypt’s FX Reserves Hit US$16.03 Bln, Highest Since Uprising
Egypt’s Foreign Reserves have recorded a remarkable rise of US$ 1.613 billion to reach US$ 16.03 billion by the end…
Egypt Central Bank Provides US$ 40 Mln at FX Auction
In its last FX Auction for this week, the Central Bank of Egypt (CBE) has offered on Thursday US$ 40 million…
Barclays falls on placement as Europe opens flat
UK lender Barclays was among the top fallers after a share placement as European equities were expected to be…
IMF admits it lowered own standards for Greek program
The International Monetary Fund on Wednesday admitted it had to lower its normal standards for debt sustainability…
CBE Egypt: Banks Own CAR complies with Basel II
Central Bank of Egypt’s (CBE) Deputy Governor for control and supervision affairs, Tareq Al Faid , has asseted that…
AAIB Egypt Achieves $ 37 Mln – Q1
The Arab African International Bank (AAIB) has achieved net profit increase worth $ 1.9 million with growth rate…
Egypt Central Bank Offers US$ 40 Mln at FX Auction Todayy
Central Bank of Egypt (CBE) has offered on Wednesday US$ 40 million to local banks at its 64th auction and the 48th…
IMF: France Needs More Economic Reforms to Keep Up
The International Monetary Fund has lowered its growth projections for France and says the country needs more…