Bank of America Corp, the No. 2 U.S. bank by assets, reported Tuesday a better-than-expected rise in …
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Bank
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French bank Credit Agricole is reviving plans to simplify its ownership structure with a scheme to inject …
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While Saudi Arabia is pumping record amounts of oil this year, low crude prices seem to be …
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Banks
Egypt’s pound steady at first forex auction under new c.bank governor
by aya salahby aya salahEgypt’s central bank held the pound steady at 7.7301 pounds to the dollar Sunday at the first …
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From bankers to carmakers, Egypt’s business community will breathe easier when Tarek Amer takes charge at the …
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Egypt’s central bank stated Monday that it had sold 732.2 million euros in Euro-denominated one-year treasury bills …
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Industry & Trade
World Bank agrees to establish first land bank in Egypt – Minister
by aya salahby aya salahEgypt and World Bank Group have agreed to establish the first land bank in the North African …
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Saudi Arabia plans to convert a state-owned housing fund into a bank, the latest in a string …
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Lending to euro zone households and firms accelerated slightly in July while a broader measure of money …
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Egypt News
Egypt issues 674.5 mln euro in t-bills at avg yield of 2.289 pct
by aya salahby aya salahEgypt’s central bank sold 674.5 million in one-year, euro-denominated treasury bills at an average yield of 2.289 …