Gulf Cryo Egypt, part of the Kuwaiti industrial and medical gases manufacturer, says it is negotiating a …
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Banks news
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A consortium of five Egyptian banks will sign the final loan agreement worth 13 billion Egyptian pounds …
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Egypt’s oldest bank Banque Misr has signed Tuesday a $75 million loan agreement with the European Bank …
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Banks
Fed’s Harker eyes inflation, stands by Fed rate hike next month
by Yomna Yasserby Yomna YasserA Federal Reserve official said Monday he expects to support an interest rate hike next month despite …
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Banks
East Mediterranean Gas to pay $174 mln in debt to Egypt’s NBE bank
by Yomna Yasserby Yomna YasserEgypt’s Court of Cassation has rejected an appeal by the East Mediterranean Gas Company against a 2016 …
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Banks
Egypt’s CI capital inks deal with Saudi Al Rajhi to trade in securities
by Yomna Yasserby Yomna YasserInvestment bank CI Capital signed an agreement with Saudi Arabia-based Al Rajhi Capital, a unit of Al …
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Egypt’s largest listed bank Commercial International Bank (CIB) posted a 27 percent rise nine-month net profit to …
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China will lift the ceiling on foreign equity ownership in joint-venture firms involved in the futures, securities, …
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Banks
Al Baraka Bank Egypt says the bank unaffected by Saudi Saleh Kamel’s arrest
by Yomna Yasserby Yomna YasserAl Baraka Bank Egypt said Monday that the detention of Saudi billionaire Saleh Kamel in the Kingdom’s …
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Egypt’s foreign reserves surged to $36.703 billion at the end of October from $36.535 billion at the …