Egypt’s M2 money supply up 40.48% year-on year in October: CBE
Egypt's M2 money supply was up 40.48 percent at the end of October from a year earlier, central bank data showed on…
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Faisal Islamic Bank 9-month net profit rises to 1.21bn Egyptian pounds
Egypt’s Faisal Islamic Bank reported Wednesday an increase in nine month-net profit to reach 1.21 billion Egyptian…
Banque Misr signs 400 mln pounds loan to finance SMEs
Banque Misr has signed a 400 million Egyptian Pounds Loan with the Small and Medium Enterprises Development Agency…
Export Development Bank of Egypt profits rise 66% in Q1-FY2017/18
Profits of Export Development Bank of Egypt (EBE) rose by 66 percent during the first quarter of financial year…
Bank Audi-Egypt launches its New Core Banking System “FlexCube” in Nov.
As part of its commitment to continuously offer the latest and up-to-date technological banking solution in the…
Egypt’s central bank issues 13.25 bln pounds treasury bills Sunday
Central Bank of Egypt (CBE) has launched Sunday treasury bills worth 13.25 billion Egyptian pounds ($749 million),…
ABK bank to partake in 200mn pounds loan for Egypt’s General Petroleum Company
Kuwait-based Al Ahli Bank of Kuwait (AKB) agreed to participate in a loan to Egypt’s General Petroleum Company…
Banque Misr earns Payment Card Industry Data Security Standard Certificate
Egypt's Banque Misr became the first bank in Egypt and North Africa to earn the Payment Card Industry Data Security…
Erdogan is unlikely to win his battle latest campaign against markets in Turkey
Recep Tayyip Erdogan is taking on financial markets again, and if history is a guide, he’s going to lose. The…
Egypt sells $1.728bn in one-year dollar-denominated treasury bonds in auction
Egypt has sold $1.728 billion in one-year dollar-denominated treasury bonds to local and foreign financial…