‘Foreign borrowing is still necessary to develop infrastructure,’: Egypt…
In a heated debate Sunday, Egypt's MPs accused Minister of Investment and International Cooperation Sahar Nasr of…
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loans
Three coalitions offer to carry out Cairo metro’s 5th line
Three foreign coalitions offered to execute the construction of the fifth metro line in Greater Cairo stretching…
NBK-Egypt sees 20% growth in loans by 2018
National Bank of Kuwait, the country’s largest lender, expects 20 percent growth in loans in Egypt in 2018 because…
Central bank of Egypt issues 13.25 bln pounds treasury bills
The Central Bank of Egypt, on the behalf of the Ministry of Finance, issued Thursday in treasury bills estimated…
Net foreign reserves rise to $20 million in November: Egypt’s c.bank
The Central Bank of Egypt (CBE) said that the country’s net foreign currency reserves rose to $20 million at the…
Crédit Agricole: 9-month standalone net profit rose 54% in Egypt
Crédit Agricole SA says nine-month standalone net profit in Egypt grew 54.09 percent from a year ago, recording 1.5…
Emirates NBD Egypt posts 847 million pounds in nine-month profit
The Egyptian arm of Dubai largest lender Emirates NBD has posted a nine-month profit worth 847 million Egyptian…
ECB tells banks to set aside more cash on bad loans
European Central Bank (ECB) will ask euro zone banks from next year to set aside more cash to cover newly…
AfDB delegation to meet with Egyptian officials next week
A high-level delegation from the African Development Bank (AfDB) is set to visit Egypt on Monday to discuss current…
Egypt’s June loans rise to 1.418 trillion pounds – c.bank
Egypt’s banks extended more loans in June than in the previous month, recording 1.41 trillion Egyptian pounds…