Industrial Development Bank To Ask For Islamic Banking License
The Industrial Development and Workers Bank of Egypt considers asking the Central Bank of Egypt (CBE) for a license…
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Central Bank of Egypt
Egypt Balance Of Payments Gap Narrows Sharply In Q2
Egypt's balance of payments deficit narrowed dramatically in the second quarter as foreigners sold Egyptian…
Foreign Investments Down To US$ 2.1 Bln In FY 2011/12: CBE
The net inflows of foreign direct investments to Egypt reached US$ 2.1 billion in FY 2011/2012, down from US$ 2.2…
Egypt Balance Of Payments Gap Widens To $11.3 Bln
Egypt's balance of payments deficit widened to $11.3 billion in the financial year to June from $9.8 billion in the…
Banque Misr Secures Approval To Offer Ijara, Musharaka Mutanaqisa Services
Banque Misr has secured an approval from the Central Bank of Egypt (CBE) to offer Ijara Muntaheya Bettamleek…
Industrial Development Bank Receives Second Tranche Of CBE’s Loan
The Industrial Development and Workers Bank of Egypt (IDBE) received the second tranche of EGP 500 million of a…
Egypt’s Interest Rates Unchanged On Falling Inflation, Rising GDP
The Central Bank of Egypt (CBE) has kept overnight deposit and lending rates unchanged at 9.25% and 10.25%…
Yields Ease At Egypt 182-, 364-Day T-Bill Auction
Average yields declined on 5.5 billion Egyptian pounds ($902.01 million) of treasury bills auctioned by Egypt's…
HSBC’s Net Profit Rose EGP 116.1 Mln In H1
HSBC Bank Egypt achieved net profit of EGP 701.9 million at the end of June 2012, up from EGP 585.7 million at the…
CBE Expected To Keep Interest Rates Unchanged Next Thursday
A number of banking experts expected the Monetary Policy Committee to leave overnight deposit and lending rates…