Egyptian Central Bank (CBE) has given the initial approval on allowing Russian tourists to pay for package …
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Egyptian Central Bank
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Egyptian President Abdel-Fattah El-Sisi urged his government to cut back on imports, backing the central bank’s efforts …
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The Arab Monetary Fund (AMF) has signed an agreement with Egypt to provide new loan worth Dinar …
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Banks
Central Bank of Egypt approves Kuwaiti Al Ahli’s Piraeus Egypt Takeover
by Yomna Yasserby Yomna YasserKuwait’s Al Ahli Bank received approval from the Egyptian central bank (CBE) to buy Piraeus Bank’s unit …
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Kuwait’s Al Ahli Bank (ABK) aims to change the brand of Piraeus Bank Egypt after getting the …
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Banks
Egypt’s CBE eyes activating COMESA’s Regional Payment and Settlement System
by Noha Gadby Noha GadEgyptian Central Bank (CBE) is currently studying the activation of COMESA’s Regional Payment and Settlement System (REPSS), …
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Banque Misr is planning to carry out the first Islamic financing for the small and medium-sized enterprises, …
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Banks
28 Local Banks offer EGP154bn for CBE’s 72nd Auction of Deposit Operation
by Yomna Yasserby Yomna Yasser28 banks operating in the Egyptian market offered Tuesday a domestic surplus liquidity totalling EGP 154.450 billion …
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Banks
Private-sector Banks Registers 84% of Total Loans at End-June – Egypt C.Bank
by Yomna Yasserby Yomna YasserThe private-sector banks have seized 84% of total loans during second quarter ending on 31 March 2014, …
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Financial Institutions
Misr Insurance Renews Health Insurance Policy for Central Bank Employees’ Families
by Yomna Yasserby Yomna YasserMisr Insurance Company – Property has renewed its health insurance policy for the families of employees working …