UAE’s CB Announces Liquidation of BCCI (SA) Branches in UAE
The Central Bank of UAE on Thursday formally announced the liquidation of BCCI (SA) branches in the country. Sultan…
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Al-Sharq Brokerage Entrusts EGP 33Mln Arabiata’s Policy to Misr Insurance
Al Husseini Abdel Aziz, Managing Director of Al-Sharq Brokerage Company, has revealed that Al-Sharq successively…
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.…
Egypt’s Banking Sector Amid A Revolution
Federation of Egyptian Banks chairman Hisham Ezz Al-Arab talked went over the difficulties that Egypt's economy is…
Egypt C.Bank to Offer US$40 Mln at Today FX Auction
The Central Bank of Egypt (CBE) will be offering today US$ 40 million to the local banks at its 76th foreign…
Hisham Ramez: Banks Operate Normally Today
Hisham Ramez, Governor of Central Bank of Egypt (CBE), said that the Egyptian banks will be operated normally on…
Egyptian President’s Ouster Likely Delays IMF Bailout Money For Now
The deposing of Egyptian President Mohammed Morsi by the military Wednesday likely freezes any chance for an…
Egypt C.Bank Raises US$ 40 Mln FX Auctions
The Central Bank of Egypt (CBE) tendered US$ 40 million to the local banks at its 75th foreign exchange auction and…
HSBC’s $1.9Bln Money Laundering Settlement Approved by US Judge
HSBC's record $1.9bn settlement with the US to resolve charges it enabled Latin American drug cartels to launder…
Egypt Central Bank Advises Banks to Close Early As Army’s Deadline Looms
Central Bank of Egypt (CBE) urges the Egyptian Banks to close its branches early today for the Army's 48-hour…
