Egypt Analysts Optimistic for Post-Morsi Economy
Analysts are optimistic that the ousting of President Morsi may presage a brighter future for Egypt's economy.…
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BNP Paribas
Banks Extend Closing Branches in Egypt’s Tahrir Sq to 3rd Day
The banks' branches located in Egypt's Tahrir Square decided to remain closed for fear of a potential violence that…
Egypt Banks in Tahrir Sq Fully Closed For Second Day In Row
All the banks' branches located in Egypt's Tahrir Square decided to remain closed for fear of a potential violence…
CBE Receives No Official Offers For Acquisition Of Banks
The Central Bank of Egypt (CBE) has not received any official offers for acquiring any bank in Egypt including…
Kuwait’s Burgan Bank Looks To Egypt For Potential Acquisitions
Kuwait-based Burgan Bank is looking at potential acquisitions in Egypt to step up international expansion and is…
Barclays Plans To Expand In Egypt As French Banks Retreat
Barclays Plc (BARC) plans to add branches in Egypt this year as Britain’s second-biggest bank by assets seeks to…
Egypt’s Central Bank Agrees To Sell Both BNP Paribas And NSGB
An official involved in the BNP Paribas deal stated that the CBE had agreed in a meeting with its Board of…
Gulf Banks Replace Europeans As Middle East Buyers, S&P Says
Gulf banks will remain big buyers of financial assets in the Middle East and North Africa, attracted by lower…
BNP Paribas Sells Egyptian Operations
BNP Paribas is selling its 95.2% stake in BNP Paribas Egypt to United Arab Emirates (UAE) retail bank, Emirates…
Gulf Banks Ready To Invest In Egypt
Gulf banks are betting on Egypt despite anti-government protests continuing in several cities. Hot on the heels of…
