Egyptian banks sold $21 billion to cover imports since pound float – c.bank
Egyptian banks have provided $21 billion to cover import payments since the central bank devalued pound on November…
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AAIB acquires Canada Scotiabank’s Credit Portfolio in Egypt
The Arab African International Bank (AAIB), an international bank based in Egypt, has recently completed its…
Food Sector Captures Lion’s Share of AUB’s Total Letters of Credit in 2013
During 2013, Ahli United Bank (AUB) has opened letters of credit in the amount of US $ 2 billion in favor of the…
