Egyptian Banks Not Hurt By Frequent Power Outages
Most bankers said that the frequent power outages occurred since the hot summer months began did not affect the…
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CBE
CBE Grants IDBE EGP 500 Mln Capital-Support Loan
The Industrial Development and Workers Bank of Egypt (IDBE) received a capital-support loan worth EGP 500 million…
CBE Leaves Interest Rates Unchanged As Inflation Dropped, GDP Grew
The Central Bank of Egypt (CBE) said it left overnight deposit and lending rates unchanged in its meeting last…
Hassan Abdalla; Arab African International Bank CEO
Hassan Abdalla (born in 1960), is currently the Chief Executive Officer and Vice Chairman of Arab African…
Experts Expect CBE To Keep Interest Rates Unchanged
The Monetary Policy Committee is expected to leave overnight deposit and lending rates unchanged in its meeting…
AIB To Conduct Egyptian-Currency Transactions By Jan. 2013
The Arab International Bank (AIB) targets to conduct Egyptian currency transactions by the beginning of the next…
Yields Fall On Egyptian Treasury Bills
Yields declined at an auction of 5.5 billion pounds ($906.77 million) of Egyptian treasury bills on Thursday, the…
Mohamed Barakat: Banque Misr Chairman
Mohamed Kamal El-Din Barakat is a prominent leader of the banking industry in Egypt. Barakat has been the chairman…
NBE’s Dollar Liquidity Registers US$ 1.9 Bln
The National Bank of Egypt (NBE) offered finances of US$ EGP 2 billion to the government in the period that…
CBE: Inflation Rates 0.55% Down On Vegetable & Fruits Prices
The Central Bank of Egypt (CBE) has attributed the fall in the monthly inflation rates which reached 0.55% in July,…