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…
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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…
Average yields rise on Egypt’s 3- and 9-month treasury bills, says c.bank
Average yields on Egypt’s three- and nine-month treasury bills rose at an auction on Sunday, central bank data…
Parliament endorses €290 mln ERBD loan to upgrade Egypt’s railway system
Egypt's parliament approved on Sunday a financing program worth 290 million euros provided by the European Bank…
Egypt’s Afreximbank ups $150mn equivalent in first-ever Samurai Syndicated Term Loan…
Egypt-based African Export-Import Bank (Afreximbank) has successfully completed its first ever Samurai Syndicated…
