Banks Emirates NBD to Expand Branch Network in Egypt Yomna Yasser Jan 10, 2015 0 Emirates NBD Bank intends to increase its network of branches to 100 from 70 in Egypt in the coming two years.…
Banks Egypt’s Foreign Reserves Fall by US$550 million at December-end Yomna Yasser Jan 6, 2015 0 Egypt's foreign currency reserves fell to $15.332 billion at the end of November from $15.88 billion a month…
Banks Al Baraka Bank eyes 3 Mini Branches, First Presence in Upper Egypt Yomna Yasser Dec 24, 2014 0 Al Baraka Bank Egypt is planning to start its first presence in Upper Egypt area through opening a mini branch…
Real Estate Egypt Housing Offers New Facilities for Medium-income Project Noha Gad Dec 18, 2014 0 Egypt's Ministry of Housing, Utilities & Urban Development announced Today new facilities for Dar Misr project…
Banks Egypt C.Bank Records EGP23.8bn Net Profit at End-July Noha Gad Dec 18, 2014 0 Egypt’s Central Bank (CBE) registered a net profit worth 23.8 billion Egyptian pounds (US$ 3.3 billion) during…
Banks CBE: Annual Inflation Shrinks on Lower Vegetables, Food Commodities Prices Noha Gad Dec 17, 2014 0 In its latest report on Tuesday, the Central Bank of Egypt (CBE) stated that the shrink in the inflation's annual…
Banks Egypt-Weekly Dollar Bids Rise to Four Times a Week Yomna Yasser Dec 16, 2014 0 The Central Bank of Egypt (CBE) raised the number of weekly bids for the dollar (known as the FX auction) from…
Banks 28 Local Banks offer EGP154bn for CBE’s 72nd Auction of Deposit Operation Yomna Yasser Dec 16, 2014 0 28 banks operating in the Egyptian market offered Tuesday a domestic surplus liquidity totalling EGP 154.450…
Banks CBE Expected To Allow Further Devaluation Of Egyptian Pound: HSBC Amwal Al Ghad English Dec 14, 2014 0 Further devaluation of Egyptian pound is expected during 2015 and 2016, according to a report issued by HSBC. This…
Banks Private-sector Banks Registers 84% of Total Loans at End-June – Egypt C.Bank Yomna Yasser Dec 11, 2014 0 The private-sector banks have seized 84% of total loans during second quarter ending on 31 March 2014, said the…