Egypt-based Redcon Construction Company says it is planning to deliver the Egyptian headquarters of Arab Banking Corporation …
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Banks
5 Egyptian public banks approve new funding for micro-sized project initiative
by Yomna Yasserby Yomna YasserFive Egyptian state-run banks have approved a financing worth 3.09 billion Egyptian pounds ($172.8 million) for 66,031 …
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A flood of Chinese bankers is changing the social fabric of Hong Kong, as they rapidly expand …
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Real Estate
Egypt’s Amlak eyes 50 mln pounds-sales from two housing projects this year
by nada nasserby nada nasserEgypt’s Amlak Real Estate Investment and Marketing says it targets achieving sales of 50 million Egyptian pounds …
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forex news
Egyptian pound flotation poses challenges for banks’ 2016 financial positions
by Yomna Yasserby Yomna YasserThe decision of the flotation of the pound towards the end of last year affected all banks …
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Banks
Fed’s Fischer: Trump’s changes to bank reforms can be very dangerous
by Yomna Yasserby Yomna YasserU.S. Fed Vice Chairman Stanley Fischer believes changes that President Donald Trump is exploring on bank regulations …
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The World Bank (WB) disbursed Monday $ 1 billion to Egypt for the second financial consolidation, sustainable …
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Banks
Egypt negotiating $150 mln labour-intensive finance programe from World Bank
by Yomna Yasserby Yomna YasserEgypt is negotiating a $150 million financing programme from the World Bank to help develop labour-intensive infrastructure …
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Banks
CIB, AAIB studying new financing for Egypt’s Madinet Nasr Housing
by Yomna Yasserby Yomna YasserEgypt’s largest listed lender, Commercial International Bank (CIB) along with the Arab African International Bank (AAIB) are …
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forex news
Dollar vs Egyptian pound at early Sunday interbank in 22 banks
by Yomna Yasserby Yomna YasserThe table below demonstrates the selling and buying prices of U.S. dollar against the Egyptian pound in …