Egyptian Gulf Bank Attains EGP3.9bln Loans Portfolio in April-End
The total loans portfolio Of Egyptian Gulf Bank (EGB) reached up EGP3.9billion at April end according to Sherif…
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central bank
IDWBE Attains EGP40mln Profits in Q1
Industrial Development & Workers Bank of Egypt (IDWBE) attained EGP40 million within the first quarter of this…
Egypt’s Central Bank Acts To Support Imports With Huge Dollar Sale
Egypt's central bank restocked the market with much-needed dollars on Monday, acting to support the flow of imports…
China Central Bank Warns Banks Against Use Of Bitcoin
China's central bank warned on Thursday that financial institutions should not trade the digital currency bitcoin,…
China Central Bank Suggests Faster Tempo For Freeing Yuan
With a shift in tone and language, China's central bank governor has dangled the prospect of speeding up currency…
Japan’s Tax, Spending Plan Double-Edged Sword For Central Bank
The Japanese prime minister's policy mix announced on Tuesday of giving to the economy on the one hand and taking…
Egypt.C.Bank Cuts Interest Rates By 50Pts for Second Time in Row
The monetary policy committee of the Central Bank of Egypt slashed the deposit rate and the lending rate by 50…
Central Bank Of Oman Issues Tenders Worth OMR478m
A certificates of deposit (CDs) tender was held at the Central Bank of Oman (CBO) this week, with the total amount…
Egypt Seeks Gulf Cash As Coalition Cracks And Opponents Rally
Egypt’s central bank governor flew to Abu Dhabi on Sunday to drum up badly needed financial support as cracks…
Egypt Forex Reserves Affected By Imports, Gold Prices
The first drop in Egypt's foreign currency reserves in two months can be attributed to an exceptional forex auction…
