Egyptian c.bank initially permits Russian tourists to pay in ruble
Egyptian Central Bank (CBE) has given the initial approval on allowing Russian tourists to pay for package holidays…
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Egyptian Central Bank
Central Bank’s FX Policy Wins Presidential Backing
Egyptian President Abdel-Fattah El-Sisi urged his government to cut back on imports, backing the central bank’s…
Arab Monetary Fund grants Egypt $339mn-loan
The Arab Monetary Fund (AMF) has signed an agreement with Egypt to provide new loan worth Dinar 78.880 million (US$…
Central Bank of Egypt approves Kuwaiti Al Ahli’s Piraeus Egypt Takeover
Kuwait's Al Ahli Bank received approval from the Egyptian central bank (CBE) to buy Piraeus Bank's unit in the…
Kuwait’s Al Ahli to change Piraeus Bank Egypt’s Brand by end 2015
Kuwait's Al Ahli Bank (ABK) aims to change the brand of Piraeus Bank Egypt after getting the approvals of Egypt's…
Egypt’s CBE eyes activating COMESA’s Regional Payment and Settlement System
Egyptian Central Bank (CBE) is currently studying the activation of COMESA's Regional Payment and Settlement System…
Banque Misr plans First Islamic Financing to Support SMEs
Banque Misr is planning to carry out the first Islamic financing for the small and medium-sized enterprises, worth…
28 Local Banks offer EGP154bn for CBE’s 72nd Auction of Deposit Operation
28 banks operating in the Egyptian market offered Tuesday a domestic surplus liquidity totalling EGP 154.450…
Private-sector Banks Registers 84% of Total Loans at End-June – Egypt C.Bank
The private-sector banks have seized 84% of total loans during second quarter ending on 31 March 2014, said the…
Misr Insurance Renews Health Insurance Policy for Central Bank Employees’ Families
Misr Insurance Company – Property has renewed its health insurance policy for the families of employees working for…
