Egyptian central bank will be issuing Thursday treasury bills worth 9.25 billion Egyptian pounds ($524.8 million) to …
Egyptian Central Bank
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Banks
Al Baraka Egypt Bank braces for new SME financing product in December
by Yomna Yasserby Yomna YasserAl Baraka Bank Egypt, part of Bahraini Al Baraka Banking Group, says it will be launching this …
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Industry & Trade
CBE allocates $1.8b to secure strategic goods reserves for 6 months
by Noha Gadby Noha GadEgypt’s central bank has allocated $1.8 billion to ensure six months of reserves in all strategic goods, …
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Banks
Egypt receives $2 billion Saudi deposit in boost for IMF deal: sources
by Yomna Yasserby Yomna YasserEgypt has received a $2 billion deposit from Saudi Arabia, an Egyptian central bank official said on …
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Banks
Regulatory changes in Egypt are impacting UK companies: Barclays senior official
by Yomna Yasserby Yomna YasserExporting to Egypt has seen significant change over the past few months, driven by The Egyptian Central …
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Egypt’s main agricultural lender, Principal Bank for Development and Agricultural Credit (PBDAC) appointed El-Sayed El-Kosayer as chairman late …
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Egyptian billionaire businessman Naguib Sawiris has expressed readiness to buy Barclays’ Egyptian unit, following the UK lender’s …
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Banks
3 consulting firms vie for restructuring Egypt state agricultural lender
by Yomna Yasserby Yomna YasserThree firms for financial consulting are bidding for the restructure of Egypt’s main agricultural lender, Principal Bank …
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Tech news
Emirati StarLink, CBE in talks over boosting Internet Banking service in Egypt
by Noha Gadby Noha GadThe IT security provider StarLink is currently in talks with Egypt’s Central Bank (CBE) over developing the …
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Banks
Al Baraka Bank Egypt to launch 3-year saving certificates early 2016
by Yomna Yasserby Yomna YasserAl Baraka Bank – Egypt, part of the Bahraini Al Baraka Group, seeks to offer a new …